The FTC's long-awaited report published in July was a difficult read for the PBM industry, concluding that the six largest companies in the US market operate a concentrated market structure that ...
Tomorrow a follow-up commentary will assess the lawsuit itself. Background on PBMs Recent FTC actions portray PBM practices as harmful and anticompetitive. However, there is substantial economic ...
“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.” Eisai ...
FTC Chairwoman Lina Khan, with her fellow Democratic Commissioners, recently filed a suit against the leading PBMs in an effort to undermine, or even prohibit, their use of rebates to secure ...
Nationally, criticism of PBM practices intensified over the summer with the FTC report. The PCMA pushed back, saying the report "is based on anecdotes and comments from anonymous sources and self ...
The FTC’s essential charge is that PBMs play insulin ... Nephron Research found that rebates accounted for only 13% of PBM profits in 2022. In any case, plans have increasingly moved to point ...
The FTC wants details on pass-throughs of rebates ... The agency is also asking for any information in PBM company files relating to "strategies and business practices for lowering the net price ...
The Federal Trade Commission (FTC) on September 27, 2024 unexpectedly withdrew from a recently established Memorandum of Understanding (MOU) with ...
The FTC filed suit against UnitedHealth's Optum Rx ... "Event participants wore anti-PBM paraphernalia, including pins that vilified PBMs as 'bloodsuckers' and shirts depicting PBMs as vampires ...
Improving the Patient Financial Experience Throughout the Patient Journey While many healthcare providers believe that improving the patient financial experience is a critical step for their ...
The PBM profit "is going to line people's pockets ... Bell's Family Pharmacy closed earlier this year. The FTC sued three of the largest PBMs — Caremark, Express Scripts, and Optum Rx, which ...
Medicare managed care plans will receive an increase of just over 6.5% on average in per capita payments when the rates for 2005 are announced in May, according to a preliminary estimate from the ...