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Federal Trade Commission Sues Big Pharma Middlemen for Inflating Insulin Prices

The FTC is legally challenging major pharmacy benefit managers for inflating insulin prices and blocking patient access to cheaper drugs.

Independent pharmacies say they're being squeezed by shadowy middlemen tied to big health chains

Independent pharmacists face existential threats from pharmacy benefit managers that steer patients away and impose high fees, jeopardizing community healthcare.

Drug middlemen illegally drive up the cost of insulin, FTC says

Federal regulators accuse major pharmacy benefit managers of driving up insulin costs and limiting access to cheaper versions, impacting millions of diabetes patients.

Pharmacy Benefit Managers Aren't Always Good for Pharmacies

Pharmacy deserts are emerging in the U.S. as independent pharmacies close due to the practices of pharmacy benefit managers.

Letters: Restrain PBMs

Congress must act to regulate pharmacy benefit managers (PBMs) to protect patient access to medications and support independent pharmacies.

FTC says prescription middlemen are squeezing Main Street pharmacies

Prescription drug middlemen, known as PBMs, inflate drug prices, overcharge cancer patients, and squeeze independent pharmacies, impacting accessibility, cost, and care for Americans.

Federal Trade Commission Sues Big Pharma Middlemen for Inflating Insulin Prices

The FTC is legally challenging major pharmacy benefit managers for inflating insulin prices and blocking patient access to cheaper drugs.

Independent pharmacies say they're being squeezed by shadowy middlemen tied to big health chains

Independent pharmacists face existential threats from pharmacy benefit managers that steer patients away and impose high fees, jeopardizing community healthcare.

Drug middlemen illegally drive up the cost of insulin, FTC says

Federal regulators accuse major pharmacy benefit managers of driving up insulin costs and limiting access to cheaper versions, impacting millions of diabetes patients.

Pharmacy Benefit Managers Aren't Always Good for Pharmacies

Pharmacy deserts are emerging in the U.S. as independent pharmacies close due to the practices of pharmacy benefit managers.

Letters: Restrain PBMs

Congress must act to regulate pharmacy benefit managers (PBMs) to protect patient access to medications and support independent pharmacies.

FTC says prescription middlemen are squeezing Main Street pharmacies

Prescription drug middlemen, known as PBMs, inflate drug prices, overcharge cancer patients, and squeeze independent pharmacies, impacting accessibility, cost, and care for Americans.
morehealthcare-access
#healthcare

The Powerful Companies Driving Local Drugstores Out of Business

Pharmacy benefit managers are driving small pharmacies out of business, severely impacting rural healthcare access.

F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices

The FTC is taking action against major pharmacy benefit managers for inflating insulin prices and harming consumers.

The FTC Is Suing PBMs Over Insulin Prices. Will It Be Successful? - MedCity News

The FTC is suing major pharmacy benefit managers for unfair practices affecting insulin prices and patient access.

Roundtable held to lower drug costs, reform rules on middlemen

Malliotakis hosts a roundtable addressing high prescription drug costs and PBM practices impacting independent pharmacies.

CVS Health shares rise as hedge fund pushes for change

CVS shares rose 2% after news of a meeting with investor Glenview Capital Management proposing improvements.

The Powerful Companies Driving Local Drugstores Out of Business

Pharmacy benefit managers are driving small pharmacies out of business, severely impacting rural healthcare access.

F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices

The FTC is taking action against major pharmacy benefit managers for inflating insulin prices and harming consumers.

The FTC Is Suing PBMs Over Insulin Prices. Will It Be Successful? - MedCity News

The FTC is suing major pharmacy benefit managers for unfair practices affecting insulin prices and patient access.

Roundtable held to lower drug costs, reform rules on middlemen

Malliotakis hosts a roundtable addressing high prescription drug costs and PBM practices impacting independent pharmacies.

CVS Health shares rise as hedge fund pushes for change

CVS shares rose 2% after news of a meeting with investor Glenview Capital Management proposing improvements.
morehealthcare
#drug-rebates

Employers haven't a clue how their drug benefits are managed

Employers lack understanding of what PBMs do with drug rebates, highlighting a need for greater transparency.

Video: Why the FTC's Lawsuit Against PBMs May Have Some Legs - MedCity News

The FTC alleges that pharmacy benefit managers inflate insulin prices through rebate programs, harming patients financially.

Employers haven't a clue how their drug benefits are managed

Employers lack understanding of what PBMs do with drug rebates, highlighting a need for greater transparency.

Video: Why the FTC's Lawsuit Against PBMs May Have Some Legs - MedCity News

The FTC alleges that pharmacy benefit managers inflate insulin prices through rebate programs, harming patients financially.
moredrug-rebates
#healthcare-costs

FTC sues insulin middlemen, saying they pocket billions while patients face high costs

The FTC is targeting pharmacy benefit managers to address high insulin costs, which have shot up by 600% over two decades, impacting diabetic patients.

FTC goes after drug middlemen for allegedly jacking up insulin prices

The FTC is suing three PBMs for allegedly inflating insulin prices, impacting many Americans reliant on the drug.

Video: Besides, Pharma and PBMs, Who Drives Up Drug Costs? - MedCity News

Bipartisan scrutiny highlights the complexities of prescription drug pricing, implicating pharmacy benefit managers, Big Pharma, distributors, and hospitals in driving costs up.

The Opaque Industry Secretly Inflating Prices for Prescription Drugs

Pharmacy benefit managers often go unnoticed but significantly contribute to the rising costs of prescription drugs for millions of Americans.

Hospitals and PBMs seem to have dodged big federal reforms - for now

Hospitals and pharmacy benefit managers avoided major federal reforms in the recent congressional spending deal.
The lack of big policy changes could potentially lead to higher health costs for patients.

FTC sues insulin middlemen, saying they pocket billions while patients face high costs

The FTC is targeting pharmacy benefit managers to address high insulin costs, which have shot up by 600% over two decades, impacting diabetic patients.

FTC goes after drug middlemen for allegedly jacking up insulin prices

The FTC is suing three PBMs for allegedly inflating insulin prices, impacting many Americans reliant on the drug.

Video: Besides, Pharma and PBMs, Who Drives Up Drug Costs? - MedCity News

Bipartisan scrutiny highlights the complexities of prescription drug pricing, implicating pharmacy benefit managers, Big Pharma, distributors, and hospitals in driving costs up.

The Opaque Industry Secretly Inflating Prices for Prescription Drugs

Pharmacy benefit managers often go unnoticed but significantly contribute to the rising costs of prescription drugs for millions of Americans.

Hospitals and PBMs seem to have dodged big federal reforms - for now

Hospitals and pharmacy benefit managers avoided major federal reforms in the recent congressional spending deal.
The lack of big policy changes could potentially lead to higher health costs for patients.
morehealthcare-costs

Newly-signed law will give patients more access to medicines and information

New law removes 'gag clause' for pharmacists, enhancing transparency on medication pricing and accessibility.

FTC Sues CVS, Cigna, UnitedHealth over insulin prices

The FTC is suing major pharmacy benefit managers for illegal rebate practices that have dramatically increased insulin prices paid by consumers.
#drug-pricing

LETTER: Congress should launch immediate reforms of Pharmacy Benefit Managers

Affordability in healthcare is critically impacted by Pharmacy Benefit Managers' control over drug pricing.

The FTC Released a Scathing Interim Report on PBMs. What's Next? - MedCity News

The FTC's investigation on PBMs reveals market concentration and profit generation issues, impacting drug costs and independent pharmacies negatively.

Big Pharma spends billions more on executives and stockholders than on R&D

Pharmaceutical companies spend more on executive compensation and stock buyouts than on research and development for new drugs.
Pharmacy benefit managers (PBMs) contribute to drug pricing but their profits pale in comparison to pharmaceutical profits.

LETTER: Congress should launch immediate reforms of Pharmacy Benefit Managers

Affordability in healthcare is critically impacted by Pharmacy Benefit Managers' control over drug pricing.

The FTC Released a Scathing Interim Report on PBMs. What's Next? - MedCity News

The FTC's investigation on PBMs reveals market concentration and profit generation issues, impacting drug costs and independent pharmacies negatively.

Big Pharma spends billions more on executives and stockholders than on R&D

Pharmaceutical companies spend more on executive compensation and stock buyouts than on research and development for new drugs.
Pharmacy benefit managers (PBMs) contribute to drug pricing but their profits pale in comparison to pharmaceutical profits.
moredrug-pricing

Letters: A good example

Accountability in leadership is crucial, as demonstrated by Supervisor Sylvia Arenas' stance on the child welfare agency's failures.
#prescription-drugs

Wells Fargo employees sue for overpaying for prescription drugs through the company's health insurance plan

Wells Fargo accused of mismanaging employee health plan, overcharging for drugs.

These Middlemen Say They Keep Drug Prices Low. California Lawmakers Don't Buy It | KQED

Prescription drug costs in California surged 39% in five years, prompting calls for regulatory action to protect patients.

CA Lawmakers Skeptical that Pharma Managers Will Look Out for Consumers

California is seeking to regulate pharmacy benefit managers to control rising prescription drug costs, driven by intermediaries' profit-driven practices.

Wells Fargo employees sue for overpaying for prescription drugs through the company's health insurance plan

Wells Fargo accused of mismanaging employee health plan, overcharging for drugs.

These Middlemen Say They Keep Drug Prices Low. California Lawmakers Don't Buy It | KQED

Prescription drug costs in California surged 39% in five years, prompting calls for regulatory action to protect patients.

CA Lawmakers Skeptical that Pharma Managers Will Look Out for Consumers

California is seeking to regulate pharmacy benefit managers to control rising prescription drug costs, driven by intermediaries' profit-driven practices.
moreprescription-drugs

It's Not Just Big Pharma: Meet the Middlemen Blocking Access to Medication

Pharmacy benefit managers (PBMs) are largely unregulated and significantly impact the access and cost of medications for patients.

Who Is Responsible for the High Cost of Prescription Drugs? One Advocate Weighs In - MedCity News

Pharmaceutical companies and pharmacy benefit managers play a significant role in driving up prescription drug costs in the U.S.
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