Corporations and any other large employers that self-fund their healthcare costs including governmental entities like the city, state, county, school boards, and universities are all possible plaintiffs that have suffered from the dramatic price increases of insulin.
File your claim as soon as possible with the help of the attorneys at Environmental Litigation Group, P.C.
Claim EvaluationLarge corporations, cities, counties, labor unions, medical centers, universities, school boards, and similar large employers with self-funded healthcare plans are eligible to hold insulin manufacturers and PBMs accountable for their substantial loss.
The insulin overpricing scheme has had a substantial financial impact. It is estimated that insulin costs in the United States are approximately four times higher than they should be. Treble damages are also possible.
Contact ELG Law too find out if you are eligible to file a claim.
Insulin manufacturers, including Eli Lilly, Novo Nordisk, and Sanofi, alongside PBMs such as Express Scripts, CVS Caremark, and OptumRx, have been accused of artificially inflating insulin prices through a pricing scheme driven by rebate agreements. Under this scheme, PBMs were incentivized to continue recommending the manufacturers’ products in exchange for significant rebates, perpetuating the inflated costs passed on to self-funded plans.
Numerous lawsuits have been filed nationwide by affected payers, and these cases were consolidated into multidistrict litigation (MDL) in the U.S. District Court of New Jersey at the end of 2023. The MDL seeks to hold insulin manufacturers and PBMs accountable for their pricing practices through claims of RICO violations, deceptive trade practices, and unjust enrichment.
The insulin overpricing MDL seeks several forms of relief:
Timely action is essential to ensure that the fullest measure of damages are preserved.
ELG Law is a minority-owned firm with a well-resourced team of lawyers and a track record of driving MDLs and representing large employers in various types of litigation. We have no upfront costs as we advance all the costs and if we lose, you do not have to pay. Along with extensive expertise in MDLs, we protect our clients' interests by maximizing outcomes by directly steering the litigation. We represent major employers and large unions in a variety of litigations and if you are interested in learning more about the Insulin MDL, please reach out to our team for a free case evaluation.
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