CVS, Walgreens finalize $10B in settlements over opioids.
- CVS and Walgreens have agreed to pay state and local governments a combined total of more than $10 billion to settle lawsuits over the toll of opioids and now want to know by Dec. 31 whether states are accepting the deals.
Under the separate deals, states have until the end of the year to agree to drop claims over opioids against Walgreens and CVS to receive the maximum payouts.California Attorney General Rob Bonta said in a statement Monday that California could get up to $510 million in the Walgreens settlement. He said the state is still assessing the terms of the CVS deal.
Other states, including Massachusetts, New York, North Carolina, Oregon and Pennsylvania, have indicated they’re accepting the terms of both settlements.The amount awarded to governments is based on their populations and the severity of the opioid crisis there. States will get bigger amounts if more of their local governments agree.
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