FTC: ‘Big 3’ Pharmacy Benefit Managers Engaged in Price Gouging, PBMs, UnitedHealth OptumRx, CVS Caremark Rx, Express Scripts ...
A new report by the Federal Trade Commission says pharmacy benefit management companies are driving up your out-of-pocket costs for prescription drugs.
The FTC report found that from 2017 to 2022, three PBMs—UnitedHealth Group's Optum, CVS Health's CVS Caremark and Cigna's ...
"While this information is theoretically available to the public, institutional owners' holdings are challenging to identify ...
The industry says it keeps down the cost of prescription drugs, but critics say it's profiting at the expense of patients.
From 2017 to 2022, the companies marked up prices at their pharmacies by hundreds or thousands of percent, netting them $7.3 billion in revenue.
The report found top pharmacy benefit managers made more than $7.3 billion by marking up the prices of dozens of generic ...
The Federal Trade Commission suggests that PBMs profit from specialty generic drugs such as those for cancer and HIV and ...
A new report from the Federal Trade Commission is uncovering what ... This reportedly occurred between 2017 and 2022. “A pharmacy benefit manager in the United States gets to get a higher ...