The agreement also puts into place revised and streamlined NPM adjustments for future years.The NPM adjustment disputes arose out of the MSA, which PM USA and the other leading cigarette manufacturers entered into with 46 states to resolve the states' health care cost recovery litigation against the manufacturers. The MSA imposed significant restrictions on how cigarettes are advertised, marketed and sold in the United States and required participating manufacturers to make annual payments to the states in perpetuity. So far, states participating in the MSA have received more than $85 billion.
Philip Morris USA Reaches Agreement With Nineteen States To Resolve MSA Payment Adjustment Disputes
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