The FTC suit targets the three biggest so-called pharmacy benefit managers, UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts.
  • The Federal Trade Commission on Friday sued three large U.S. health companies that negotiate insulin prices, arguing the drug middlemen boost their profits while “artificially” inflating costs for patients.
  • The suit targets the three biggest so-called pharmacy benefit managers, UnitedHealth Group’s Optum Rx, CVS Health’s Caremark and Cigna’s Express Scripts, and their affiliated group purchasing organizations.
  • The FTC may also recommend suing insulin manufacturers Eli Lilly, Sanofi and Novo Nordisk in the future.
  • TimLovesTech (AuDHD)(he/him)@badatbeing.socialEnglish
    25·
    1 month ago

    We also need to stop Republicans from constantly trying (and sometimes succeeding) to strip the FTC of its powers to enforce issues/laws/regulations well within its scope as a federal agency.