House lawmakers slam pharmacy middlemen over sky-high drug …
Jul 23, 2024 · WASHINGTON — Democratic and Republican lawmakers found common ground with one another at an oversight committee hearing Tuesday, blaming executives from three major pharmacy middlemen groups...
FTC Sues Prescription Drug Middlemen for Artificially Inflating …
Sep 20, 2024 · FTC Sues Prescription Drug Middlemen for Artificially Inflating Insulin Drug Prices. 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. September 20, 2024. Tags: Competition. Bureau of Competition.
Why PBMs, or pharmacy benefit managers, are the focus of new ... - NPR
Jul 7, 2023 · At least nine bills introduced in Congress take aim at pharmacy benefit managers, the powerful middlemen that channel prescription drugs to patients. Here's what the fuss is all about.
Pharmacy Middlemen Appear To Be Inflating Drug Prices, FTC Says - Forbes
Jul 9, 2024 · A report by the Federal Trade Commission said the consolidation of pharmacy benefit managers, including CVS, Cigna, and UnitedHealth’s services, has created powerful middlemen.
Middlemen have outsized influence on U.S. drug prices due to …
Jul 9, 2024 · “These powerful middlemen may be profiting by inflating drug costs and squeezing Main Street pharmacies,” the FTC said in its findings, two years into an investigation of top PBMs and their...
F.T.C. Slams Middlemen for High Drug Prices - The New York Times
Jul 9, 2024 · The Federal Trade Commission on Tuesday sharply criticized pharmacy benefit managers, saying in a scathing 71-page report that “these powerful middlemen may be profiting by inflating drug costs...
Pharmacy Benefit Managers: The Powerful Middlemen Inflating …
Jul 9, 2024 · Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies. Tags: Competition. Office of Policy Planning. Merger. Horizontal. Vertical. Nonmerger. July 2024.
Biden's limit on drug industry middlemen backfires ... - CBS News
Nov 14, 2023 · The Biden administration's first major step toward imposing limits on the pharmacy benefit managers who act as the drug industry's price negotiators is backfiring, pharmacists say.
FTC Deepens Inquiry into Prescription Drug Middlemen
May 17, 2023 · As part of its ongoing inquiry into pharmacy benefit managers (PBMs) and their impact on the accessibility and affordability of prescription drugs, the Federal Trade Commission has issu.
Biden administration is cracking down on pharmacy middlemen, …
Nov 16, 2023 · Biden administration is cracking down on pharmacy middlemen, but they’re so powerful it might be too late to help independent drugstores. BY Arthur Allen and KFF Health News. November 16, 2023,...
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