PBMs made billions marking up specialty drugs by more than 1,000 percent: FTC
The Federal Trade Commission (FTC) on Tuesday released its second interim report on pharmacy benefit managers (PBM), saying ...
Modern Healthcare12d
Big 3 PBMs reaped $7.3B from generic specialty drug markups: FTC
The Federal Trade Commission voted unanimously to release additional findings from its yearslong probe into CVS Caremark, ...
Warren sends Musk 30 ideas for DOGE to cut government spending
Sen. Elizabeth Warren (D-Mass.) sent tech billionaire Elon Musk 30 ideas for how the newly formed Department of Government ...
Benefits Pro12d
FTC accuses big PBMs' pharmacies of collecting $5.9B in specialty drug markups
Margin expansion at Express Scripts, Caremark and Optum Rx increased by $336 million between 2017 and 2021, officials say.
Morningstar12d
FTC takes fresh swipe at drug middlemen, says some prices marked up over 1,000%
Elizabeth Warren and Missouri Republican Sen. Josh Hawley that would force PBMs to divest their pharmacy businesses. In September, the FTC sued the Big Three PBMs, alleging they artificially ...
Warren protege hangs on as bank regulator despite Trump entering office
Chopra is a somewhat surprising person from the Biden administration to keep his job so far. Republicans have long been opponents of the CFPB as an agency.
Benefits Pro12d
Sen. Warren brings bipartisan team back for more action against PBMs
The Massachusetts Democrat is working with a Missouri Republican, and House members from each party, to press the FTC to ...
US lawsuit accuses PepsiCo of price discrimination that favored Walmart over smaller stores
The FTC said PepsiCo's practices included making promotional ... In October, Democratic Sen. Elizabeth Warren of ...