President Donald Trump’s move to fire two Democrats on the Federal Trade Commission leaves a question mark over the future of ...
SaveHealth reports on the third-party companies that work to negotiate discounts with pharmacies and pharmacy benefit ...
Act" was unveiled by a group of bipartisan lawmakers Tuesday, aimed at reforming the incentive structure for Pharmacy Benefit ...
A federal judge in Washington ordered CVS Health Corp. to comply with a document request from the U.S. Federal Trade Commission, a win for the antitrust and consumer protection agency in its long ...
A pharmacy benefit manager negotiates prices with wholesalers, sets reimbursement rates on drugs and compiles the lists of which medicines an insurer will cover. But critics describe the industry as ...
Al Roberts and Travis Hale, the owners of Remington Drug Company in Remington, Va., hosted Andrew Ferguson, chair of the ...
“I’m proud that the FTC launched a bipartisan investigation into these shadowy middlemen, and its preliminary findings prove yet again that it’s time to bust up the PBM monopoly.” ...
The FTC's first report drew a strong response from the PBM sector, with lawsuits filed in both directions. The FTC has accused the big three of operating a "perverse drug rebate system," while the ...
My 19-year-old daughter required a treatment prescribed by her doctor. Even with my professional expertise, her doctor and I spent hours fighting to get her medication approved.
The FTC sued Cigna-owned Express Scripts, CVS-owned Caremark and UnitedHealth-owned Optum Rx in September, arguing that the drug middlemen prefer more expensive insulin products because they ...
Prescription medication is counted before being placed into a bottle for customer pickup on Friday, Nov. 10, 2023. (Geoff ...
and characterize the FTC’s suit as the culmination of top antitrust regulators’ crusade against the PBM industry. The Big Three also say how the FTC lodged its suit — in an in-house ...