Alleged Opioid Fuelers Propose $10B Settlement

  • Opioid Medical Record Review & Outsourcing Services

A verbal proposal to pay $10 billion to settle claims related to the U.S. opioid epidemic was discussed amongst McKesson Corp., Cardinal Health Inc., and AmerisourceBergen Corp and a group of state attorneys general.

The companies cover a major portion of providing prescription medications to U.S. pharmacies. This is the first time in two years where the distributors have declared a dollar value to settle the claims. A demand of $45 billion to cover costs from the public-health crisis of opioid addiction and overdoses has been countered by The National Association of Attorneys General, representing more than 35 states.

According to the people familiar with the negotiations, this is the first sign of progress in resolving state lawsuits against the drug distributors.

Kristin Hunter Chasen, a McKesson spokeswoman, said, "As we explore whether resolution is possible, we share Judge Polster’s view that ‘any resolution has to be a global one,’ which includes states, local governments, cities, and counties." Chasen also stated that they are constantly engaging with other defendants to find a resolution and the company has not yet made any settlement offer. Spokesperson for AmerisourceBergen and Cardinal Health did not comment on the proposal.

U.S. District Judge Dan Polster is presiding over more than 1,900 lawsuits filed under MDL No. 2804 (In Re: National Prescription Opiate Litigation) by U.S. cities and counties, each seeking damages for costs associated with addiction and abuse.

We are social:

Accreditations

HIPAA

Neural IT has successfully implemented HIPAA for securing Health records....

ISO 27001 Certification

Neural IT has successfully passed the ISMS re-certification audit and is now ISO 27001:2013 certi...

NSIC - CRISIL

NSIC-CRISIL has assigned a "SE 2A" rating to Neural IT, indicating a company with High Performanc...

Associations

CAALA

CAALA - "Neural IT is proud to be associated with CAALA (Consumer Attorneys Association of Los An...

CAOC

CAOC - "Neural IT is proud to be associated with CAOC (Consumer Attorneys of California) as a Ven...

NYSTLA

NYSTLA - "Neural IT is proud to be associated with NYSTLA (New York State Trial Lawyers Associati...

News & Events

posh-awareness-session-conducted-at-neuralit-for-2019
An Act To Enact For Betterment Of Our Society
Rewards & Recognition Program - July 2019
Neural IT organized ‘Rewards & Recognition Program' on July 5, 2019, to motivate employees an
International Yoga Day - Image - Neural IT
International Yoga Day celebrated at Neural IT to bring physical and emotional health for our tea

Latest Tweets