McKinsey to Pay $78 Million in US Opioid Settlement With Health Plans

McKinsey to Pay $78 Million in US Opioid Settlement With Health Plans
The logo of consulting firm McKinsey and Company is seen at the high profile startups and high tech leaders gathering, Viva Tech, in Paris, France, on May 16, 2019. Charles Platiau/Reuters
Reuters
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Consulting firm McKinsey & Co. has agreed to pay $78 million to resolve claims by U.S. health insurers and benefit plans that it fueled an epidemic of opioid addiction through its work for drug companies including OxyContin maker Purdue Pharma.

The settlement was disclosed in papers filed on Friday in federal court in San Francisco. It marked the last in a series of settlements McKinsey has reached resolving lawsuits over the U.S. opioid epidemic.