FTC Sues Prescription Drug Middlemen for Artificially Inflating …
WEB2 days 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 ...
UnitedHealth, CVS Caremark, Express Scripts sued by FTC over ...
WEB2 days ago · The case accuses UnitedHealth Group’s Optum unit, CVS Health’s CVS Caremark and Cigna’s Express Scripts of unfairly excluding lower cost insulin products from lists of drugs covered by insurers.
Drug middlemen illegally drive up the cost of insulin, FTC says
WEB2 days ago · Caremark, Express Scripts and Optum together administer roughly 80% of all prescriptions in the U.S., according to the FTC. ... is simply wrong," the company said in a statement to CBS News. A CVS ...
Federal Trade Commission sues largest drug middlemen for …
WEB2 days 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 …
WEB2 days 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 PBMs over insulin prices - STAT
WEB2 days 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.
Express Scripts, Optum, CVS Caremark targeted in FTC complaint …
WEB2 days ago · Express Scripts, CVS Caremark and OptumRx together control 59.2% of the pharmacy benefits market, according to data the American Medical Association published this month. Other reports indicate ...
Federal Trade Commission to sue drug middlemen over prices of ...
WEBJul 10, 2024 · UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts will reportedly be the targets of the FTC's suits.
Federal Trade Commission to sue three largest PBMs: WSJ
WEBJul 10, 2024 · The Federal Trade Commission is preparing to sue the three largest pharmacy benefit managers in the U.S. — CVS’ Caremark, Cigna’s Express Scripts and UnitedHealth’s Optum Rx — over how they...
FTC Deepens Inquiry into Prescription Drug Middlemen
WEBMay 17, 2023 · As part of its ongoing inquiry, the FTC issued similar compulsory orders on June 6, 2022 to the six largest PBMs: CVS Caremark; Express Scripts, Inc.; OptumRx, Inc.; Humana Pharmacy Solutions, Inc.; Prime Therapeutics LLC; and MedImpact Healthcare Systems, Inc.
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