Modern Healthcare24d
Big 3 PBMs reaped $7.3B from generic specialty drug markups: FTC
have called for the PBMs’ parent companies to be broken up. The FTC sued CVS Caremark, OptumRx and Express Scripts and their group purchasing organizations in September accusing the companies of ...
Connecticut-based Cigna announces plan to reduce prescription-drug costs
Bloomfield-based Cigna announced this week a new initiative that aims to reduce out-of-pocket prescription-drug costs and ...
StamfordAdvocate8d
Connecticut-based Cigna announces plan to reduce prescription-drug costs
Express Scripts comprises a huge portion ... Cigna officials have disputed the FTC’s assertions. Also last September, Cigna sued the agency and demanded that it retract a report on PBMs ...
Healthcare Dive25d
FTC releases second report slamming pharmacy benefit managers
FTC commissioners voted unanimously to ... Two months later, the agency leaned on the report to sue Caremark, Express Scripts and Optum Rx — which jointly account for 80% of U.S. prescriptions ...
Benefits Pro24d
FTC accuses big PBMs' pharmacies of collecting $5.9B in specialty drug markups
Express Scripts has gone to court to sue the FTC for defamation over the release of the first report, stating that it spent millions of dollars to provide data that the FTC staff seemed to ignore.
NBC News24d
Top three insurers reaped $7.3 billion through their drug middlemen's markups, FTC says
Express Scripts sued the commission two months after the first report, arguing that regulators had made unsubstantiated, false and biased claims about the industry. Three days later, the FTC sued ...
Yahoo Finance25d
US FTC finds major pharmacy benefit managers inflated drug prices for $7.3 billion gain
From 2017 to 2022, the companies -- UnitedHealth Group's Optum, CVS Health's CVS Caremark and Cigna's Express Scripts ... pharmacies for drugs. The FTC sued the three PBMs in September, accusing ...
Honolulu Star-Advertiser24d
FTC: Pharmacy benefit managers inflated drug prices by $7.3B
From 2017 to 2022, the companies — UnitedHealth Group’s Optum, CVS Health’s CVS Caremark and Cigna’s Express Scripts ... pharmacies for drugs. The FTC sued the three PBMs in September ...
USA Today23d
FTC report shows $7.3 billion in drug price inflation by leading pharmacy benefit managers
From 2017 to 2022, the companies — UnitedHealth Group's UNH.N Optum, CVS Health's CVS.N CVS Caremark and Cigna's CI.N Express Scripts ... for drugs. The FTC sued the three PBMs ...
CNN24d
FTC finds middlemen inflate specialty generic drug prices by billions of dollars
The FTC’s investigation into PBM practices ... Following that report, the agency sued Caremark, Express Scripts and Optum Rx, accusing the companies of artificially inflating insulin list ...
Yahoo Finance24d
US FTC finds major pharmacy benefit managers inflated drug prices for $7.3 billion gain
A spokesperson for Cigna's Express Scripts described the report's findings as misleading ... of billing plan sponsors more than they reimburse pharmacies for drugs. The FTC sued the three PBMs in ...