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Pharmacy benefit managers profit at expense of patients and small pharmacies, FTC says
CNN via Yahoo Canada News· 9 hours agoPharmacy benefit managers, which negotiate the terms for prescription drug access for hundreds of...
CVS, UNH, and Cigna Unbowed by Critical FTC Report on Pharmacy Benefit Managers
Barrons.com· 13 hours agoThe federal government’s campaign against the pharmacy benefit management industry has escalated...
Middlemen have outsized influence on US drug prices, FTC says
Reuters via Yahoo Finance Canada· 19 hours agoWASHINGTON (Reuters) -The consolidation of pharmacies and health insurance companies through years...
FTC report adds to scrutiny of drug middlemen
Axios· 13 hours agoPrescription drug middlemen took in nearly $1.6 billion in extra revenue on two cancer drugs in less than three years, by steering business to affiliated...
F.T.C. Slams Middlemen for High Drug Prices, Reversing Hands-Off Approach
New York Times· 19 hours agoThe agency’s findings could also fuel legislative efforts in Congress and in the states to impose...
FTC Chair Khan slams PBMs for higher drug prices in an interim report on the industry
Yahoo Finance· 13 hours agoThe FTC released a much-anticipated interim report without taking any action. It comes as the Biden...
Pharmacy closures ripple across Michigan. Here are the reasons and the impact
Detroit News· 2 days agoThe nation's big pharmacy chains are struggling, and Michigan isn't immune to the fallout. Retail...
FTC report slams pharmacy ‘middlemen’ for seemingly driving up prices, limiting access
The Hill via Yahoo Canada News· 14 hours agoPharmacy benefit managers (PBMs) wield enormous power on the accessibility and affordability of...
FTC Blames Pharmacy Benefit Managers for Inflating Drug Costs
Bloomberg Law· 19 hours agoConcentration and vertical integration among the country’s top entities managing prescription drug benefits may be fueling high costs and putting financial pressure on independent pharmacies ...