FTC Sues Prescription Drug Middlemen for Artificially Inflating …
Sep 20, 2024 · Caremark, Express Scripts, Optum, and their affiliates created a broken rebate system that inflated insulin drug prices, boosting PBM profits at the expense of vulnerable patients, the FTC alleges
Federal Trade Commission sues largest drug middlemen for …
Sep 20, 2024 · The agency alleges that CVS Health’s Caremark Rx, Cigna’s Express Scripts and UnitedHealth Group’s Optum Rx and their affiliated group purchasing organizations created a system that...
Appeals court agrees that ex-Express Scripts exec can't join CVS
Jun 5, 2024 · Former Express Scripts President Amy Bricker quietly departed the company before it was revealed in mid-January 2023 that she had accepted a role at CVS Health to serve as the chief product...
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...
Drug middlemen illegally drive up the cost of insulin, FTC says
Sep 20, 2024 · The companies — CVS-owned Caremark Rx, Cigna Group's Express Scripts and UnitedHealth Group's Optum Rx — acted in ways that stifled industry competition for insulin drugs, including by using...
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 prescription...
UnitedHealth, CVS Caremark, Express Scripts sued by FTC over ...
Sep 20, 2024 · The case accuses UnitedHealth Group’s Optum unit, CVS Health’s CVS Caremark and Cigna’s Express Scripts of unfairly excluding lower cost insulin products from lists of drugs covered by...
Express Scripts sues FTC over report damning pharmacy benefit …
Sep 17, 2024 · On Tuesday, the healthcare company’s PBM, Express Scripts, sued the Federal Trade Commission over the agency’s recent report showing how the drug middlemen could be contributing to rising drug...
In Wake of Express Scripts Suit, FTC Takes On 3 Largest PBMs
Oct 13, 2024 · The FTC filed an administrative complaint that targets CVS Health’s Caremark, Cigna’s Express Scripts, and UnitedHealth’s Optum Rx, as well as any subsidiaries they have created to manage...
Federal Trade Commission to sue three largest PBMs: WSJ
Jul 10, 2024 · The Federal Trade Commission is preparing to sue the three largest pharmacy benefit managers in the U.S. — CVS’ Caremark, Cigna’s Express Scripts and UnitedHealth’s Optum Rx — over how they...
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