Drug middlemen illegally drive up the cost of insulin, FTC says
WEB1 day 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 …
WEB1 day 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 ...
FTC Sues Prescription Drug Middlemen for Artificially Inflating …
WEB1 day 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 ...
Federal Trade Commission accuses three drug middlemen of …
WEB1 day 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
WEB1 day ago · 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 less than 1%. ... Express Scripts and Optum Rx are the three ...
Express Scripts, Optum, CVS Caremark targeted in FTC complaint …
WEB1 day 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. ... Bloomberg News ...
FTC sues CVS, Cigna, UnitedHealth PBMs over insulin prices - STAT
WEB1 day 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 sues FTC over drug pricing report | Reuters
WEB4 days ago · Pharmacy benefit manager Express Scripts sued the U.S. Federal Trade Commission on Tuesday over the regulator's recent drug pricing report, calling the report's conclusion that the prescription ...
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.
FTC sues pharmaceutical middlemen, claiming practices inflated …
WEB19 hours ago · Optum Rx, owned by United Health Group; CVS Health's Caremark and Express Scripts, owned by Cigna, are all named in the suit. The Federal Trade Commission Friday announced it was suing the country's three biggest pharmacy benefit managers, claiming unfair practices inflated the cost of insulin ...