The FTC called out the nation’s leading pharmacy benefit managers for inflating pharmacy costs, affecting both employers and ...
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FOX 9 Minneapolis-St. Paul on MSNGeneric prescription drug prices marked up as high as 5,000%, investigation findsA new FTC report found that pharmacy benefit managers have inflated the price of life-saving generic prescription drugs, finding the companies sometimes increased prices of these drugs by 1,000 ...
An arbitrator has determined Prime Therapeutics violated federal and state antitrust laws against the AIDS Healthcare ...
Here is a hard truth for those of us who are care providers: Americans are unsatisfied with the country's healthcare system.
Sen. James Lankford has been trying to pass legislation in response to an industry he believes will leave small towns without ...
Cigna's Evernorth Health Services said on Wednesday its actions will enhance transparency about the company's negotiations.
“In contrast, branded specialty products represent more than 50% of our clients’ total drug spend and are entirely ignored by the FTC.” Express Scripts, meanwhile, declared in a statement th ...
Pharmacy benefit managers overcharged for specialty generic medications — in many cases by hundreds and thousands of percent ...
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FOX 9 Minneapolis-St. Paul on MSNPrime Therapeutics ordered to pay $10 million for price fixingEagan-based Prime Therapeutics has been ordered to pay $10 million in damages after federal arbitration found it engaged in ...
Pharmacy benefit managers are the middlemen in the prescription drug market. The Federal Trade Commission reports the revenue of four PBMs exceeds $1 trillion and they control 86% of the market.
The FTC analyzed data for 51 specialty generic drugs dispensed from 2017-2022 for patients with commercial insurance or Medicare Part D plans managed by CVS Caremark, Express Scripts and OptumRx.
The lawsuit claims that three major healthcare companies were pushing up the price of insulin by 1,200 percent.
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