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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMcKinsey Proposed Paying Pharmacy Companies Rebates for OxyContin Overdoses
When Purdue Pharma agreed last month to plead guilty to criminal charges involving OxyContin, the Justice Department noted the role an unidentified consulting company had played in driving sales of the addictive painkiller even as public outrage grew over widespread overdoses.
Documents released last week in a federal bankruptcy court in New York show that the adviser was McKinsey & Company, the worlds most prestigious consulting firm. The 160 pages include emails and slides revealing new details about McKinseys advice to the Sackler family, Purdues billionaire owners, and the firms now notorious plan to turbocharge OxyContin sales at a time when opioid abuse had already killed hundreds of thousands of Americans.
In a 2017 presentation, according to the records, which were filed in court on behalf of multiple state attorneys general, McKinsey laid out several options to shore up sales. One was to give Purdues distributors a rebate for every OxyContin overdose attributable to pills they sold.
The presentation estimated how many customers of companies including CVS and Anthem might overdose. It projected that in 2019, for example, 2,484 CVS customers would either have an overdose or develop an opioid use disorder. A rebate of $14,810 per event meant that Purdue would pay CVS $36.8 million that year.
https://www.nytimes.com/2020/11/27/business/mckinsey-purdue-oxycontin-opioids.html
Documents released last week in a federal bankruptcy court in New York show that the adviser was McKinsey & Company, the worlds most prestigious consulting firm. The 160 pages include emails and slides revealing new details about McKinseys advice to the Sackler family, Purdues billionaire owners, and the firms now notorious plan to turbocharge OxyContin sales at a time when opioid abuse had already killed hundreds of thousands of Americans.
In a 2017 presentation, according to the records, which were filed in court on behalf of multiple state attorneys general, McKinsey laid out several options to shore up sales. One was to give Purdues distributors a rebate for every OxyContin overdose attributable to pills they sold.
The presentation estimated how many customers of companies including CVS and Anthem might overdose. It projected that in 2019, for example, 2,484 CVS customers would either have an overdose or develop an opioid use disorder. A rebate of $14,810 per event meant that Purdue would pay CVS $36.8 million that year.
https://www.nytimes.com/2020/11/27/business/mckinsey-purdue-oxycontin-opioids.html
"We're sorry that we have, between us, killed some of our addicted customers. We realise this could affect your profits. Here's an incentive to tide you over until we get some more addicted."
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McKinsey Proposed Paying Pharmacy Companies Rebates for OxyContin Overdoses (Original Post)
muriel_volestrangler
Nov 2020
OP
OAITW r.2.0
(24,759 posts)1. Was hoping that this was a Borowitz or Onion source.
This is unbelievable. A bounty paid on dead customers.....
marble falls
(57,479 posts)2. Bounties, basically.
Newest Reality
(12,712 posts)3. Now, those are some sophisticated dealers. The pusher man 2.0.
MiniMe
(21,722 posts)4. There has been a bad side to the oxy shut down
I had a bypass about a year ago. They split my chest open and told me to take Tylenol for the pain, and that's not Tylenol #3, it was plain acetaminophen. So yeah, something needs to be done, but torturing people who are in serious pain is not the answer.