A superstore pharmacy is a convenient place to fill your medical prescriptions and buy all your required groceries and other items. However, it seems that Costco’s in-house pharmacies were not held to the same standard as all others, until now. The company has agreed to pay almost $12 million in settlement for allegations regarding medical prescriptions.
The news regarding the fact that Costco has agreed to pay the $11.75 million as a way to resolve the claims that some of its pharmacies did not completely or properly fill medical prescriptions, was made public by the US Justice Department on Thursday.
This deal is one of the last remaining corporate settlements of the Obama administration, with other occurring in the domain of technologies, like Uber’s $20 settlement with the FTC. However, the Costco deal comes on the heels of the ongoing struggle of health authorities with the opioid epidemic.
The US Drug Enforcement Assistant Administrator, Louis Milione, went stated that the settlement with Costco is a testament of the accountability and responsibility which comes along with the management of controlled prescription drugs. Costco did not comment on the settlement.
However, under its terms, the company has acknowledged that for three years, between 2012 and 2015, some of its in-house pharmacies have issued medical prescriptions without complying with the Controlled Substances Act, and any other related regulations.
Among the revealed violations in the settlement, there are the filling of prescriptions which lacked valid DEA numbers, or some which were outside the scope of DEA registration, as well as failing to provide accurate records of the amount of drugs dispensed to consumers.
US Attorney, Eileen Decker, stated that these types of violations were more than just paperwork or administrative issues. Their practices played a key role in allowing the prescription drugs to reach the black market.
The Justice Department also revealed that DEA authorities will be allowed to conduct several unannounced and unrestricted inspections at Costco pharmacies in the next three years. Furthermore, Costco plans to address these violations by purchasing a management system for their pharmacies as well as implementing a three-tier audit program.
Have you ever filled your medical prescriptions at Costco pharmacies?
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