Top three insurers reaped $7.3 billion through their drug middlemen…
1 day ago · The three largest drug middlemen inflated the costs of numerous life-saving medications by billions of dollars over the past few years, ... Cancer drugs alone made up …
FTC Releases Second Interim Staff Report on Prescription Drug Middlemen
1 day ago · The Federal Trade Commission today published a second interim staff report on the prescription drug middleman industry, which focuses on pharmacy benefit managers’ (PBMs) …
FTC finds middlemen inflate specialty generic drug prices by
1 day ago · Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the prices of dozens …
FTC Says CVS, Cigna and UnitedHealth Abuse Middleman Role - Bloomberg.com
1 day ago · Units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. charged significantly more than the national average acquisition cost for dozens of specialty generic …
PBMs made billions marking up specialty drugs by more than …
1 day ago · In 2023, the top three PBMs dispensed the majority of specialty drugs in the U.S. at 68 percent, a double-digit hike from when it dispensed 54 percent of specialty drugs in 2016.
FTC Releases Interim Staff Report on Prescription Drug Middlemen
The Federal Trade Commission today published an interim report on the prescription drug middleman industry that underscores the impact pharmacy benefit managers (PBMs) have on …
FTC Sues Prescription Drug Middlemen for Artificially Inflating …
Sep 20, 2024 · The FTC alleges that the three PBMs created a perverse drug rebate system that prioritizes high rebates from drug manufacturers, leading to artificially inflated insulin list prices.
Drug middlemen inflate US prices, squeeze out competition, FTC …
Jul 9, 2024 · Firms that serve as intermediaries to negotiate and control prescription drug access in the US "wield enormous power," largely with "extraordinarily opaque" business practices, …
FTC Says CVS, Cigna and UnitedHealth Abuse Middleman Role (3)
1 day ago · Units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. charged significantly more than the national average acquisition cost for dozens of specialty generic …
Federal Trade Commission sues largest drug middlemen for
Sep 20, 2024 · The Federal Trade Commission took action Friday against the nation’s three largest pharmacy benefit managers, accusing the companies of artificially inflating insulin list …
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