FTC Sues CVS, Cigna, UnitedHealth Over Rising Insulin Costs (1)
WEB18 hours ago · 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 the price of insulin.. The agency said it filed a complaint in its administrative court alleging that CVS’s Caremark, Cigna’s Express Scripts and UnitedHealth’s Optum Rx accepted money from ...
FTC Sues Prescription Drug Middlemen for Artificially Inflating …
WEB18 hours 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 …
WEB17 hours 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 ...
Federal Trade Commission sues largest drug middlemen for
WEB18 hours 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 CVS, Cigna, UnitedHealth PBMs over insulin prices - STAT
WEB18 hours 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.
FTC Sues CVS, Cigna, UnitedHealth over insulin prices
WEB14 hours ago · Health · Federal Trade Commission (FTC) FTC Sues CVS, Cigna, UnitedHealth over insulin prices ... Shares of the big PBMs’ parent companies dipped on the news, with CVS falling 1.8% at 12:58 pm ...
Drug middlemen illegally drive up the cost of insulin, FTC says
WEB15 hours ago · September 20, 2024 / 3:09 PM EDT / CBS News. 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 ...
FTC sues drug 'gatekeepers' over high insulin prices - USA TODAY
WEB17 hours ago · 0:04. 1:12. The U.S. Federal Trade Commission sued the country's three largest pharmacy benefit managers on Friday, accusing them of steering diabetes patients toward higher-priced insulin to reap ...
US drug ‘gatekeepers’ face FTC antitrust lawsuit over insulin prices
WEB17 hours ago · Andrea Nelson, Cigna’s chief legal officer, said the lawsuit “continues a troubling pattern from the FTC of unsubstantiated and ideologically-driven attacks on pharmacy benefit managers”.
F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices
WEB18 hours ago · Sept. 20, 2024, 12:07 p.m. ET. The Federal Trade Commission said on Friday that it had taken legal action against the three largest pharmacy benefit managers, accusing the drug middlemen of ...