Coverage dated September 19, 2024

FTC sues largest drug middlemen for allegedly inflating insulin prices

Headline from ABC 12 Flint

The Federal Trade Commission took action Friday against the three largest pharmacy benefit managers, accusing the companies of artificially inflating insulin list prices that resulted in patients paying more for

ABC 12 Flint's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

12 articles, oldest first.

  1. ABC 12 Flint

    FTC sues largest drug middlemen for allegedly inflating insulin prices (opens ABC 12 Flint)

    Published

    ABC 12 Flint's feed description

    The Federal Trade Commission took action Friday against the three largest pharmacy benefit managers, accusing the companies of artificially inflating insulin list prices that resulted in patients paying more for

  2. Fortune

    FTC Sues CVS, Cigna, UnitedHealth over insulin prices (opens Fortune)

    Published

    Fortune's feed description

    The enforcement action is part of an escalating conflict between the FTC and the three pharmacy benefit managers that together control about 80% of prescriptions filled in the US.

  3. NBC 5 Dallas-Fort Worth

    FTC sues drug middlemen for allegedly inflating insulin prices (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    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...

  4. New York Post

    'Medication gatekeepers' sued by FTC over skyrocketing insulin prices (opens New York Post)

    Published

    New York Post's feed description

    The FTC sued UnitedHealth Group's Optum unit, CVS Caremark and Cigna's Express Scripts for allegedly steering diabetes patients towards higher priced insulin.

  5. Washington Examiner

    FTC sues top three pharmacy middlemen over insulin prices (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    The FTC filed suit against the Big Three PBMs over insulin costs citing anticompetative practices that keep list prices too high.

  6. Forbes

    FTC Sues Pharmacy Middlemen For Allegedly Inflating Insulin Prices (opens Forbes)

    Published

    Forbes's feed description

    Months earlier, the agency released a report alleging the companies drove up the costs of some medications, including insulin.

  7. UPI

    FTC sues prescription drug middlemen, alleging they conspired over high insulin costs (opens UPI)

    Published

    UPI's feed description

    The Federal Trade Commission on Friday filed lawsuits against three prescription drug benefit managers or PBMs over concerns the companies are artificially inflating the list price of insulin drugs.

  8. The Hill

    FTC sues three largest drug middlemen for allegedly inflating insulin prices (opens The Hill)

    Published

    The Hill's feed description

    The Federal Trade Commission (FTC) on Friday sued the three largest pharmacy benefit managers (PBMs) for engaging in alleged anticompetitive practices that boosted profits while “artificially” inflating the list price of insulin.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

FTC sues largest drug middlemen for allegedly inflating insulin prices | Since Then