The Federal Trade Commission on Friday sued prescription-drug middlemen owned by CVS Health Corp., Cigna Group and ...
The Federal Trade Commission on Friday filed an administrative complaint against the three largest pharmacy benefit managers and their affiliated group purchasing organizations, alleging they have ...
CVS, as well as UnitedHealth’s Optum Rx unit, cited extensive public statements by the FTC commissioners criticizing pharmacy benefit managers, or PBMs. Their demand marks the latest clash ...
“CVS Caremark is proud of the work we have done to make insulin more affordable for all Americans with diabetes,” said ...
Shares of the big PBMs’ parent companies dipped on the news, with CVS falling 1.8% at 12:58 pm. Cigna and UnitedHealth were both down less than 1%. An FTC official said the case argues that PBMs ...
The lawsuit – which has been anticipated since the FTC published a damning report on the PBM sector in July – names CVS Health's Caremark, UnitedHealth Group's Optum, and Cigna's Express ...
“The Three Commissioners have a lengthy track record of making public statements that indicate serious bias against Caremark, Zinc [Health Services], and other PBMs,” attorneys for CVS wrote ...
WOONSOCKET (dpa-AFX) - The Federal Trade Commission filed an action against the three largest prescription drug benefit managers or PBMs- CVS ... (GPOs). The FTC alleges that these companies ...
Shares of the big PBMs’ parent companies dipped on the news, with CVS falling 1.8% at 12:58 pm. Cigna and UnitedHealth were both down less than 1%. An FTC official said the case argues that PBMs’ ...