Top Stories on U.S. Health: FTC Takes Action Against Drug Middlemen for Insulin Pricing
FTC Sues Drug Middlemen for Inflating Insulin Costs
The Federal Trade Commission (FTC) has filed lawsuits against several prescription drug benefit managers (PBMs), alleging they colluded to artificially inflate the list price of insulin drugs.
Key Issues in the Lawsuit
- The FTC claims these middlemen are responsible for driving up insulin costs for consumers.
- Patients often pay more due to these inflated prices, impacting accessibility.
- Insulin affordability is a significant public health issue in the U.S.
This action by the FTC aims to promote fairness and transparency in drug pricing in the U.S. healthcare system, ensuring that patients can access vital medications without overwhelming financial burden.
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