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...
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
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...
Former Express Scripts exec can't take CVS job, appeals court rules
Jun 12, 2024 · A former president of Express Scripts, the St. Louis-based pharmacy benefits management arm of a Cigna subsidiary, is still barred from taking a job with CVS Health that she was named to over...
FTC Deepens Inquiry into Prescription Drug Middlemen
May 17, 2023 · Agency issues orders to companies affiliated with CVS Caremark, Express Scripts, and Prime Therapeutics as it examines the PBMs’ impact on the access and affordability of medicine
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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