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(Reuters) — Health insurer Anthem Inc. said it filed a lawsuit against pharmacy benefit manager Express Scripts Holding Co. to recover damages for pharmacy pricing that was higher than competitive benchmark pricing.
The lawsuit also seeks to recover damages related to operational issues and for a declaration of Anthem's right to terminate its contract with Express Scripts, the company said on Monday.
Anthem, which has been renegotiating its contract with Express Scripts, said it has not made any decision whether to end its contract with Express Scripts at this time.
Compounding pharmacies believe that Express Scripts Inc. worked to “significantly eliminate their revenue” and “drive them out of the marketplace” by limiting reimbursements and fulfillment of prescription compounded drugs, a plaintiff attorney said.