FTC Sues Prescription Drug Middlemen for Artificially Inflating Insulin …
WEB3 days ago · In 1999, the average list price of Humalog—a brand-name insulin medication manufactured by Eli Lilly—was only $21. However, the complaint alleges that the PBMs’ chase-the-rebate strategy has led to skyrocketing list prices of insulin medications. By 2017, the list price of Humalog soared to more than $274—a staggering increase of over ...
Federal Trade Commission sues largest drug middlemen for
WEB3 days ago · The Federal Trade Commission took action Friday against the nation’s three largest pharmacy benefit managers, accusing the companies of artificially inflating insulin list prices that resulted ...
F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices
WEB3 days ago · Sept. 20, 2024 Updated 3:16 p.m. ET. The Federal Trade Commission said on Friday that it had taken legal action against the three largest pharmacy benefit managers, accusing the drug middlemen of ...
Drug middlemen illegally drive up the cost of insulin, FTC says
WEB3 days ago · September 20, 2024 / 3:09 PM EDT / CBS News. Federal regulators are accusing the country's three largest pharmacy benefit managers of illegally driving up the cost of insulin in the U.S., while ...
FTC sues drug middlemen for allegedly inflating insulin prices
WEB4 days ago · The Federal Trade Commission on Friday sued three large U.S. health companies that negotiate insulin prices, arguing the drug middlemen use practices that boost their profits while “artificially ...
FTC sues pharmacy benefit managers for inflating price of insulin …
WEB2 days ago · The three PBMs named in the FTC lawsuit make up about 80% of the market. According to the suit, the PBMs collected billions of dollars in rebates and fees while insulin became increasingly ...
FTC sues drug 'gatekeepers' over high insulin prices - USA TODAY
WEB3 days ago · 0:04. 1:12. The U.S. Federal Trade Commission sued the country's three largest pharmacy benefit managers on Friday, accusing them of steering diabetes patients toward higher-priced insulin to reap ...
FTC sues three largest drug middlemen for allegedly inflating insulin …
WEB3 days ago · FTC sues three largest drug middlemen for allegedly inflating insulin prices. The Federal Trade Commission (FTC) on Friday sued the three largest pharmacy benefit managers (PBMs) for engaging in ...
FTC Accuses Drug Middlemen of Inflating Insulin Prices
WEB3 days ago · Photo: Zuma Press. The Federal Trade Commission sued the drug middlemen that health plans use to keep a lid on drug spending, accusing the firms of inflating the price of insulin. The FTC on ...
FTC sues insulin middlemen, saying they pocket billions while
WEB3 days ago · According to the suit, the PBMs collected billions of dollars in rebates and fees while insulin became increasingly unaffordable. Over the last two decades, the cost of the lifesaving drug shot up ...
- Some results have been removed
Skip to content