Drug middlemen illegally drive up the cost of insulin, FTC says
WEB11 hours ago · September 20, 2024 / 3:09 PM EDT / CBS News. Federal regulators are accusing the country's three largest pharmacy benefit managers of illegally driving up the cost of insulin in the U.S., while ...
FTC Sues Prescription Drug Middlemen for Artificially Inflating …
WEB14 hours ago · Today, the Federal Trade Commission brought action against the three largest prescription drug benefit managers (PBMs)—Caremark Rx, Express Scripts (ESI), and OptumRx—and their affiliated group purchasing organizations (GPOs) for engaging in anticompetitive and unfair rebating practices that have artificially inflated the list price of insulin drugs, impaired patients’ access to lower ...
FTC Sues CVS, Cigna, UnitedHealth Over Rising Insulin Costs (1)
WEB14 hours ago · Leah Nylen. The US Federal Trade Commission sued units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. on Friday, accusing the drug middlemen of engaging in illegal rebate programs that drove up the price of insulin. The agency said it filed a complaint in its administrative court alleging that CVS’s Caremark, Cigna’s Express ...
Federal Trade Commission sues largest drug middlemen for …
WEB13 hours ago · The Federal Trade Commission alleges CVS Health’s Caremark Rx, Cigna’s Express Scripts and United Health Group’s OptumRx created a system that prioritizes high rebates from drug ...
Federal Trade Commission accuses three drug middlemen of …
WEB13 hours ago · The FTC accused the "Big Three" pharmacy benefit managers (PBMs) — UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts — of "engaging in anticompetitive and unfair ...
FTC Sues CVS, Cigna, UnitedHealth over insulin prices
WEB10 hours ago · FTC Sues CVS, Cigna, UnitedHealth over insulin prices. ... Shares of the big PBMs’ parent companies dipped on the news, with CVS falling 1.8% at 12:58 pm. Cigna and UnitedHealth were both down ...
F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices
WEB14 hours ago · See more on: 2024 Elections: News, Polls and Analysis, CVS Caremark Corporation, Express Scripts Holding Company, Federal Trade Commission, U.S. 105 Share full article
US drug ‘gatekeepers’ face FTC antitrust lawsuit over insulin prices
WEB13 hours ago · The competition regulator’s complaint names CVS Health’s Caremark, Cigna’s Express Scripts and UnitedHealth Group’s Optum, which administer about 80 per cent of all prescriptions in the US ...
FTC sues CVS, Cigna, UnitedHealth PBMs over insulin prices - STAT
WEB14 hours ago · The FTC said CVS Caremark, Cigna’s Express Scripts, and UnitedHealth’s OptumRx profit at the expense of patients forced to pay more for insulin.
FTC sues drug middlemen for allegedly inflating insulin prices
WEB14 hours ago · The FTC suit targets the three biggest so-called pharmacy benefit managers, UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts.