FTC Releases Second Interim Staff Report on Prescription Drug …
3 days ago · The Federal Trade Commission today published a second interim staff report on the prescription drug middleman industry, ... Express Scripts, Inc. (ESI), and OptumRx, Inc. (OptumRx)—marked up numerous specialty generic drugs dispensed at their affiliated pharmacies by thousands of percent, and many others by hundreds of percent. Such ...
FTC Sues Prescription Drug Middlemen for Artificially Inflating …
Sep 20, 2024 · Today, the Federal Trade Commission brought action against the three largest prescription drug benefit managers (PBMs)—Caremark Rx, Express Scripts (ESI), and OptumRx—and their affiliated group purchasing organizations (GPOs) for engaging in anticompetitive and unfair rebating practices that have artificially inflated the list price of ...
Caremark Rx, Zinc Health Services, et al., In the Matter of (Insulin ...
Sep 20, 2024 · The FTC filed a lawsuit against the three largest prescription drug benefit managers (PBMs)—Caremark Rx, Express Scripts (ESI), and OptumRx—and their affiliated group purchasing organizations (GPOs) for engaging in anticompetitive and unfair rebating practices that have artificially inflated the list price of insulin drugs.
Top three insurers reaped $7.3 billion through their drug ... - NBC …
3 days ago · Express Scripts said the FTC’s report contained “misleading conclusions.” The report marks one of the commission’s final moves under the Biden administration.
FTC releases second report slamming pharmacy benefit managers
4 days ago · The FTC looked at all specialty generic drugs dispensed from 2017 to 2022 for people in commercial health plans and Medicare prescription drug plans managed by Caremark, Optum Rx and Express Scripts.
Express Scripts sues FTC over drug pricing report | Reuters
Sep 17, 2024 · Pharmacy benefit manager Express Scripts sued the U.S. Federal Trade Commission on Tuesday over the regulator's recent drug pricing report, calling the report's conclusion that the...
Express Scripts sues FTC over report on high drug prices - The Hill
Sep 17, 2024 · Express Scripts, one of the country’s largest pharmacy benefit managers, sued the Federal Trade Commission (FTC) Tuesday and demanded the agency retract a report saying the industry middlemen...
Express Scripts Sues FTC Over Drug Pricing Report - U.S. News
Sep 17, 2024 · NEW YORK (Reuters) -Pharmacy benefit manager Express Scripts sued the U.S. Federal Trade Commission on Tuesday over the regulator's recent drug pricing report, calling the report's conclusion...
US FTC finds major pharmacy benefit managers inflated drug …
3 days ago · An Optum spokesperson said the company lowers the cost of drugs and had helped patients save $1.3 billion in 2024. A spokesperson for Cigna's Express Scripts described the report's findings as ...
CVS Caremark, Express Scripts, OptumRx markups made billions: FTC …
3 days ago · 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.