Becker's Healthcare July 10, 2024
The Federal Trade Commission is preparing to sue UnitedHealth Group, CVS Health and the Cigna Group over their pharmaceutical benefit managers’ business practices, The Wall Street Journal reported July 10.
The FTC published a report on July 9 alleging PBMs favor their own pharmacies and “wield enormous power” over the types of drugs patients can access and the prices they pay.
UnitedHealth Group’s OptumRx, Cigna’s Express Scripts and CVS’ Caremark handle 79% of prescriptions in the U.S., according to the FTC report.
Sources familiar with the lawsuit told the Journal the FTC is preparing to file a challenge related to rebates PBMs negotiate with drug manufacturers. The commission is also investigating drug manufacturers’ role in the negotiations,...
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