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FTC sues top 3 pharmacy middlemen over insulin prices
Express Scripts sues FTC over report blaming pharmacy middlemen for high drug costs
At issue is a report released by the FTC in July called: “Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies.” Express Scripts claims in the lawsuit that the report “is seventy-four pages of unsupported innuendo” leveled against it and other PBMs.
Feds sue pharmacy gatekeepers over high insulin costs
The Federal Trade Commission sued on Friday the three largest pharmaceutical intermediaries charged with negotiating drug prices on behalf of insurers, claiming they are illegally maximizing profits by steering patients to high-cost insulin products.
Federal Trade Commission sues largest drug middlemen for allegedly inflating insulin prices
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 resulted in patients paying more for the medications.
WMRA
17m
FTC sues insulin middlemen, saying they pocket billions while patients face high costs
The Federal Trade Commission said pharmacy benefit managers created a "perverse drug rebate system" that artificially ...
1d
Pharmacy Benefit Management (PBM) Market to Surpass USD 934.9 billion by 2032 Driven by Innovation and Healthcare Spending
Market is Growing at CAGR of 6.0%, Increasing Demand for Cost-Effective Drug Management Solutions Propels Market Growth.Pune, ...
4d
Express Scripts sues FTC over report blasting pharmacy middlemen
Express Scripts, one of the country’s largest pharmacy benefit managers, sued the Federal Trade Commission (FTC) Tuesday and ...
JD Supra
3d
Recent Legislative Developments Impacting Pharmacy Benefit Managers, Health Plans & More
As prescription drug costs remains a significant, and largely bipartisan, issue for state and federal legislators, we ...
1d
New Idaho law to regulate pharmacy benefit managers. Will it reduce prescription drug costs?
In January, a new Idaho law will take effect requiring reform of business practices by pharmacy middlemen — in search of ...
Benefits Pro
10d
Pharmacy benefit managers, version 2.0 (post J&J lawsuit)
2025 and 2026, they're right around the corner, and many employers are making changes now for 2025 or are anticipating ...
Times-News
1d
New Idaho law to reform pharmacy middlemen aims to lower drug costs
A new Idaho law that goes into effect in January reforms pharmacy benefit managers to increase transparency and cut ...
1d
Senior Life Pharmacy Simplifies Medication Management for Seniors Nationwide
Senior Life Pharmacy's mission is to enhance the health and independence of seniors by providing personalized, technology-driven pharmaceutical care. By offering services that make medication ...
Benefits Pro
1d
How GLP-1s are shrinking waists but inflating your client's pharmacy spending
Treatments like GLP-1s are effective, but they're also extremely expensive. With GLP-1s rising in demand, it can pose a ...
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