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Pharmacy Benefit Managers Marked Up Specialty Drugs By Over 1,000%: FTC Report
15 Jan 2025 00:05 GMT
… a wide range of lifesaving drugs, including medications to treat heart disease … investigate practices that may inflate drug costs, squeeze independent pharmacies, and … pharmacy corporations such as CVS, Cigna, and UnitedHealth Group. Independent pharmacists …
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FTC finds middlemen inflate specialty generic drug prices by billions of dollars
14 Jan 2025 23:48 GMT
… PBMs – CVS Health’s Caremark, Cigna’s Express Scripts and UnitedHealth … Rx – inflated the prices of drugs dispensed at their affiliated pharmacies … rebates from drug manufacturers, pay pharmacies, and determine which medications are covered …
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Top 3 drug insurers reaped billions as their drug middlemen inflated prices, FTC alleges
14 Jan 2025 21:54 GMT
… ) — CVS Health’s Caremark Rx, Cigna’s Express Scripts and UnitedHealth … sector.”
Some of the steepest drug markups were “hundreds and thousands … sclerosis medications accounting for another 25%.
Dispensing highly marked-up specialty drugs …
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FTC finds top 3 PBMs inflated drug prices by $7.3B
14 Jan 2025 21:01 GMT
… benefit managers — CVS Caremark, Cigna's Express Scripts … on price increases for critical medications, including those used to … the drugs.
The inflated prices have contributed to rising drug costs … that pay for prescription drugs, the FTC has prioritized …
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CVS, Cigna, and UnitedHealth inflated cancer and HIV drug prices, FTC says
14 Jan 2025 21:04 GMT
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CVS, Cigna, and UnitedHealth inflated cancer and HIV drug prices, FTC says
14 Jan 2025 20:05 GMT
Three major drug middlemen needlessly marked up generic drugs for cancer, HIV, and multiple sclerosis to generate $7.3 billion in revenue, The Federal Trade Commission (FTC) said in a report released today. Read more...
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Largest pharmacy-benefit managers hike up U.S. drug prices: FTC
14 Jan 2025 19:34 GMT
… hiked the prices of certain drugs dispensed through their own pharmacies … Cigna, CVS Health and UnitedHealth Group, are supposed to help keep drug … that detailed tactics the drug managers use to boost … adding up across the 51 drugs we analyzed," said …
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FTC says CVS, Cigna, and UnitedHealth abuse middleman role
14 Jan 2025 19:15 GMT
… New York.
Representatives of Cigna and UnitedHealth didn’t … the middlemen that negotiate drug prices between manufacturers, pharmacies … category that describes costly drugs for complex conditions that … out the middleman” in drug purchasing, and his health …
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FTC accuses CVS, Cigna, and UnitedHealth of marking up cancer, HIV drugs
14 Jan 2025 19:25 GMT
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US pharmacy groups marked up drug prices for $7.3bn gain, regulator says
14 Jan 2025 18:51 GMT
… CVS Health’s Caremark, Cigna’s Express Scripts and … range of life-saving drugs, including medications to treat heart … found that PBMs inflated drug prices at the expense … investigate practices that may inflate drug costs, squeeze independent pharmacies …