Philip Morris USA, RJRT Pay MSA
RICHMOND, Va. -- The nation's top two cigarette companies reported they have made payments to the Master Settlement Agreement (MSA), to pay certain states for smoking-related health care costs, The Associated Press reported.
Altria Group's Philip Morris USA (PM USA), the nation's largest cigarette maker, said it made its full annual payment of roughly $3.6 billion as part of the 1998 agreement.
Meanwhile, R.J. Reynolds Tobacco Co. (RJRT), the nation's second-largest cigarette maker, made its payment of nearly $2 billion.
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Altria Group's Philip Morris USA (PM USA), the nation's largest cigarette maker, said it made its full annual payment of roughly $3.6 billion as part of the 1998 agreement.
Meanwhile, R.J. Reynolds Tobacco Co. (RJRT), the nation's second-largest cigarette maker, made its payment of nearly $2 billion.
Related News:
Tobacco Adapts to New Realities
Altria Tobacco Cos. Lose Fight on N.Y. Flavor Ban
R.J. Reynolds Gives FDA Dissolvable Tobacco Data