Drug middlemen illegally drive up the cost of insulin, FTC says
Sep 20, 2024 · 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 making it harder for patients to obtain...
Federal Trade Commission sues largest drug middlemen for …
Sep 20, 2024 · CNN — The Federal Trade Commission took action Friday against the nation’s three largest pharmacy benefit managers, accusing the companies of artificially inflating insulin list prices that...
FTC Sues Prescription Drug Middlemen for Artificially Inflating Insulin …
Sep 20, 2024 · The FTC’s administrative complaint alleges that CVS Health’s Caremark, Cigna’s ESI, and United Health Group’s Optum, and their respective GPOs—Zinc Health Services, Ascent Health Services, and Emisar Pharma Services—have abused their economic power by rigging pharmaceutical supply chain competition in their favor, forcing patients ...
Feds sue pharmacy gatekeepers over high insulin costs
Sep 20, 2024 · The Federal Trade Commission sued on Friday the three largest pharmaceutical intermediaries charged with negotiating drug prices on behalf of insurers, claiming they are illegally maximizing...
FTC sues drug 'gatekeepers' over high insulin prices - USA TODAY
Sep 20, 2024 · The case accuses UnitedHealth Group Inc's Optum unit, CVS Health Corp's CVS Caremark and Cigna Corp's Express Scripts of unfairly excluding lower-cost insulin products from lists of drugs...
Federal Trade Commission accuses three drug middlemen of …
Sep 21, 2024 · 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...
US FTC sues drug 'gatekeepers' over high insulin prices
Sept 20 (Reuters) - The U.S. Federal Trade Commission sued the country's three largest pharmacy benefit managers on Friday, accusing them of steering diabetes patients towards higher priced...
FTC Sues CVS, Cigna, UnitedHealth over insulin prices
Sep 20, 2024 · 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...
FTC to sue PBMs over drug prices including insulin, source says
Jul 10, 2024 · A CVS Caremark spokesperson said in a statement Wednesday that the company is “proud of the work we have done to make insulin more affordable for all Americans with diabetes, and we stand by our...
FTC Preparing Suit Against Drug Middlemen Over Insulin Rebates
Jul 10, 2024 · The US Federal Trade Commission is preparing a lawsuit against the three largest drug middlemen over their use of rebates for insulin and other drugs, according to a person familiar with the...
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