CVS, UnitedHealth, Cigna say FTC should take Lina Khan and two commissioners off drug middlemen case

CVS, UnitedHealth, Cigna say FTC should take Lina Khan and two commissioners off drug middlemen case

FTC Chairwoman Lina Khan testifies during the House Appropriations Subcommittee on Financial Services and General Government hearing titled “Fiscal Year 2025 Request for the Federal Trade Commission,” in Rayburn Building on Wednesday, May 15, 2024. Tom Williams | Cq-roll Call, Inc. , Getty Images CVS Health, UnitedHealth Group and Cigna are demanding Federal Trade Commission…

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FTC sues drug middlemen for allegedly inflating insulin prices

FTC sues drug middlemen for allegedly inflating insulin prices

The Federal Trade Commission on Friday sued three large US health companies that negotiate insulin prices, arguing the drug middlemen use practices that 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. All are…

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