Walgreens has agreed to pay $100 million to settle a class action lawsuit, resolving claims that it inflated prescription drug prices charged to insurance companies. The settlement will benefit consumers and organizations who paid for prescriptions from Walgreens between January 1, 2007, and November 18, 2024, and used insurance benefits to cover the cost.
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The Allegations
The lawsuit accused Walgreens of improperly inflating its “usual and customary” prices for prescription drugs. The key allegation is that Walgreens failed to account for the discounted prices offered through its Prescription Savings Club, causing insurers and third-party payers to reimburse Walgreens at higher rates than they should have.
Although Walgreens has not admitted to any wrongdoing, the settlement aims to resolve these allegations without further legal action.
Who is Eligible for the Settlement?
Consumers and third-party entities who purchased prescription drugs from Walgreens during the specified class period and used insurance benefits to pay for the drugs are eligible for compensation. This includes individuals who paid for prescriptions between January 1, 2007, and November 18, 2024.
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What Are the Settlement Terms?
The $100 million settlement will be distributed among the class members based on the amounts paid for eligible prescription drugs. Here’s how the compensation will be divided:
- Consumers: Will receive a proportional share of 20% of the net settlement fund, based on their prescription purchases.
- Third-Party Payors: Insurance companies or other entities who reimbursed Walgreens for prescriptions will receive the remaining 80% of the net settlement fund, also on a proportional basis.
To claim settlement benefits, eligible class members must submit a valid claim form by April 17, 2025. The final approval hearing for the settlement is scheduled for September 10, 2025.
How to File a Claim
To receive benefits, class members need to provide proof of purchase. Acceptable documentation includes receipts, invoices, transaction statements, or any other records showing the amount paid for prescriptions. Claims must be filed by the April 17, 2025, deadline to be considered.
Key Dates
- Claim Form Deadline: April 17, 2025
- Exclusion and Objection Deadline: March 18, 2025
- Final Approval Hearing: September 10, 2025
Important Information
Class members must ensure that they qualify for the settlement before filing a claim. The submission of a fraudulent claim is a serious offense and could harm other eligible class members. If you’re unsure about your eligibility, you can refer to the FAQ section of the Settlement Administrator’s website for more detailed guidance.
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Settlement Case Details
- Case Name: Russo, et al. v. Walgreen Co., No. 1:17-cv-02246
- Court: U.S. District Court for the Northern District of Illinois
- Settlement Website: SavingsClubSettlement.com
- Claims Administrator: A.B. Data Ltd.
- Contact Information: [email protected] | 877-888-8386
The Walgreens Prescription Savings Club settlement brings closure to a lengthy legal dispute while offering compensation to affected consumers and payers. Eligible individuals and organizations are encouraged to file claims before the April 17, 2025, deadline.
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