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MO AG files lawsuit against 19 pharmacy companies for alleged insulin pricing scheme

By News-Press Now  
   January 19, 2026

A group of nearly 20 pharmacy companies have been named in a lawsuit filed by Missouri's attorney general for alleged insulin price manipulation and fraud. Missouri AG Catherine Hanaway announced her office filed a lawsuit in St. Louis County Circuit Court on Jan. 15 against 19 different Pharmacy Benefit Manager companies and drug manufacturers operating in Missouri. PBMs are a third-party administrator or company that acts as an intermediary between drug manufacturers, pharmacies, and insurance plans, negotiating prices, managing prescription drug benefits, processing claims and creating drug formularies to control drug spending and negotiate discounts and rebates.

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