By Will Feuer


Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements.

Walgreens disclosed the settlement in a securities filing last week. The company said it had asked a federal court to vacate a previous award in Humana's favor for $642 million.

Humana didn't immediately respond to a request for comment on Monday.


Write to Will Feuer at Will.Feuer@wsj.com


(END) Dow Jones Newswires

01-08-24 1602ET