FTC Sues Prescription Drug Middlemen for Artificially Inflating …
Sep 20, 2024 · The FTC’s administrative complaint alleges that CVS Health’s Caremark, Cigna’s ESI, and United Health Group’s Optum, and their respective GPOs—Zinc Health Services, Ascent Health Services, and Emisar Pharma Services—have abused their economic power by rigging pharmaceutical supply chain competition in their favor, forcing patients ...
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 prices that...
CVS, UnitedHealth Seek FTC Recusal Over Bias in Insulin Case
Oct 9, 2024 · CVS Health Corp., UnitedHealth Group Inc. and Cigna Group said members of the US Federal Trade Commission who voted to sue prescription drug middlemen should be barred from overseeing the case,...
CVS, UnitedHealth, Cigna ask FTC's Khan to disqualify herself from ...
Oct 9, 2024 · The FTC suit accuses CVS Health's Caremark, UnitedHealth's Optum, and Cigna's Express Scripts of unfairly limiting access to insulin drugs with lower list prices and steering patients toward...
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 unfair...
CVS, UnitedHealth, Cigna say FTC should take Lina Khan and two ...
Oct 9, 2024 · CVS Health, Cigna and UnitedHealth Group are demanding that FTC Chairwoman Lina Khan and two other commissioners recuse themselves from a lawsuit accusing the company and other drug middlemen...
Drug middlemen illegally drive up the cost of insulin, FTC says
Sep 20, 2024 · CVS Caremark and Optum disputed the FTC's allegations. "CVS Caremark is proud of the work we have done to make insulin more affordable for all Americans with diabetes. To suggest anything...
FTC And Pharmacy Benefit Managers Square Off For Legal Battle
Oct 7, 2024 · The Federal Trade Commission filed a lawsuit last month against the pharmacy benefit managers CVS Caremark, Express Scripts and OptumRx for their allegedly anticompetitive practices that...
FTC sues drug 'gatekeepers' over high insulin prices - USA TODAY
Sep 20, 2024 · 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 millions...
FTC Sues CVS, Cigna, UnitedHealth over insulin prices
Sep 20, 2024 · 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...