FTC Sues Prescription Drug Middlemen for Artificially Inflating …
Sep 20, 2024 · 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 pur.
Federal Trade Commission sues largest drug middlemen for …
Sep 20, 2024 · The agency alleges that CVS Health’s Caremark Rx, Cigna’s Express Scripts and UnitedHealth Group’s Optum Rx and their affiliated group purchasing organizations created a system that prioritizes...
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...
Express Scripts Sues FTC Over Report on Pharmacy Benefit Management ...
Oct 3, 2024 · On September 17, Express Scripts, Inc. (“Express Scripts”), one of the largest pharmacy benefit managers (PBMs) in the United States, brought suit against the Federal Trade Commission (“FTC”) over its July 2024 interim report on the PBM industry.
Express Scripts Sues FTC, Demands Withdrawal of PBM Report
Sep 17, 2024 · For more than two years, Express Scripts fully cooperated with the FTC study into the PBM industry, meeting the agency's extensive demands for data and information. The FTC's report...
Express Scripts sues FTC over report damning pharmacy benefit …
Sep 17, 2024 · On Tuesday, the healthcare company’s PBM, Express Scripts, sued the Federal Trade Commission over the agency’s recent report showing how the drug middlemen could be contributing to rising...
Express Scripts Sues FTC, Demands Withdrawal of PBM Report
Sep 17, 2024 · For more than two years, Express Scripts fully cooperated with the FTC study into the PBM industry, meeting the agency's extensive demands for data and information. The FTC's report...
PBM practices spark outrage and protests outside Express Scripts
May 17, 2024 · Hoey said Express Scripts reimburses independent pharmacists at a loss on eight out of every 10 prescriptions they dispense. As a result, he said, more than 500 independent pharmacies have...
FTC Deepens Inquiry into Prescription Drug Middlemen
May 17, 2023 · As part of its ongoing inquiry into pharmacy benefit managers (PBMs) and their impact on the accessibility and affordability of prescription drugs, the Federal Trade Commission has issu.
Express Scripts Sues FTC, Demands Withdrawal of PBM Report
Sep 17, 2024 · The FTC's report disregarded the millions of documents and terabytes of data produced by Express Scripts and other PBMs. As a result, the report is riddled with false statements, misleading...