Pfizer has agreed to pay $290,000 to settle allegations of questionable copay coupon practices in Arizona, Colorado, Kansas, and Vermont from 2014 to 2018.
While the company has not admitted any wrongdoing as part of the settlement, Pfizer has agreed to issue restitution checks to about 5,000 consumers.
A Pfizer spokesperson said the company has “enhanced its co-pay coupons to alleviate the concerns raised by states and agreed to a $30,000 payment to each.”
According to Colorado Attorney General Phil Weiser, Pfizer will refund about $107,000 to approximately 1,500 Colorado consumers after it failed to honor coupons for three drugs, including Estring, which is a ring used after menopause that continuously releases an estrogen; ADHD drug Quillivant; and the pain drug Flector Patch.
“While many Consumers paid less than or equal to the ‘PAY NO MORE THAN’ amount that appeared on the relevant Pfizer Copayment Coupons, hundreds of Consumers paid… Click here to view original post
