Drug Costs Under Employee Health Plan Are Focus Of Another ERISA Suit

( March 17, 2025, 1:26 PM EDT) -- NEW YORK — In an Employee Retirement Income Security Act fiduciary duty complaint similar to those filed in two other putative class cases, former and current JPMorgan Chase & Co. employees sued the company and related defendants over the prescription drug part of its health plan, alleging that mismanagement is evident from prices paid to pharmacy benefits managers (PBMs) “for many generic drugs that are widely available at drastically lower prices.”...