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FTC sues top 3 pharmacy middlemen over insulin prices
UnitedHealth, Cigna, CVS PBMs targeted by FTC over inflated insulin prices
The Federal Trade Commission has brought an administrative complaint against three of the country's largest pharmacy benefit managers (PBMs), accusing them of engaging in practices that artificially inflated the list price of insulin drugs.
FTC Sues Pharmacy Middlemen For Allegedly Inflating Insulin Prices
Months earlier, the agency released a report alleging the companies drove up the costs of some medications, including insulin.
FTC sues big 3 PBMs for ‘artificially inflated’ insulin prices caused by ‘perverse’ rebating
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.
The Financial Times
20m
US drug ‘gatekeepers’ face FTC antitrust lawsuit over insulin prices
CVS said the
FTC
’s accusations were “simply wrong”. Andrea Nelson,
Cigna
’s chief legal officer, said the lawsuit “continues a troubling pattern from the
FTC
of unsubstantiated and ...
Fierce Healthcare
5h
FTC formally sues PBMs over insulin prices and warns manufacturers
Emisar Pharma Services is owned by UnitedHealth, Ascent Health Services by
Cigna
and Zinc Health Services is controlled by ...
2d
on MSN
Cigna Demands FTC Retraction in Escalating Drug-Price Fight
The FTC report said the companies responsible for controlling spending on drugs were sometimes steering patients toward more ...
3d
on MSN
Cigna’s PBM Express Scripts sues the FTC, seeking retraction of drug-cost report
Cigna Group’s pharmacy benefit manager Express Scripts on Tuesday sued the U.S. Federal Trade Commission, alleging that the ...
Benefits Pro
2d
Cigna's Express Scripts sues FTC over 'defamatory' PBM report
Cigna's Express Scripts, one of the country's largest pharmacy benefit managers, today sued the Federal Trade Commission and ...
thelundreport
20h
Health care giant sues to stop antitrust probe of pharmacy drug middlemen
The owner of one of the three largest pharmacy middlemen in the United States on Tuesday filed suit to quash an attempt by ...
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