Cigna Faces Off Against FTC Over CVS Caremark and Pharmacy Benefit Managers

Wednesday, 18 September 2024, 01:55

Cigna is fighting back against the FTC's probe into CVS Caremark and pharmacy benefit managers. The lawsuit comes in response to allegations that PBMs inflate drug prices. This legal battle highlights the growing scrutiny of pharmacy middlemen's practices and their impact on healthcare costs. Cigna's move underscores the contentious relationship between health corporations and regulatory bodies.
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Cigna Faces Off Against FTC Over CVS Caremark and Pharmacy Benefit Managers

Cigna Takes Legal Action Against FTC

The owner of Cigna, one of the leading pharmacy benefit managers, has initiated legal proceedings to thwart the Federal Trade Commission's (FTC) investigation. This action follows a critical report alleging that pharmacies, including CVS Caremark, engage in practices that inflate drug prices affecting consumers.

Implications for Pharmacy Benefit Managers

The conflict shines a light on the increasing scrutiny faced by pharmacy benefit managers (PBMs) like Express Scripts and OptumRx. Public awareness surrounding the role of these drug middlemen is rising as their practices are scrutinized for potential antitrust violations.

  • Cigna aims to safeguard its interests against regulatory challenges.
  • CVS Caremark finds itself in the crosshairs of federal investigation.
  • Public and governmental focus is sharpening on PBMs and their operations.

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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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