FDA's Alarming Findings on Insulin Pricing by UnitedHealth Group and CVS

Friday, 20 September 2024, 12:09

Insulin prices in the U.S. are being driven up by practices linked to UnitedHealth Group and CVS health services. The FTC claims that pharmacy benefit managers are hindering access to affordable insulin through unfair tactics. This alarming situation underscores a significant problem within the healthcare system, impacting countless patients relying on this essential medication.
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FDA's Alarming Findings on Insulin Pricing by UnitedHealth Group and CVS

Increased Insulin Costs Associated with Pharmacy Benefit Managers

Recent findings from the FTC illustrate a troubling trend in insulin pricing. UnitedHealth Group and CVS are at the forefront of accusations stemming from practices that escalate costs and limit patient options.

Implications for Patients

  • Patients face challenges in accessing cheaper insulin.
  • Pharmacy benefit managers are accused of unfair rebating practices.
  • This stifles competition and keeps prices artificially high.

Conclusion

As these healthcare giants come under scrutiny, the implications for affordability and patient access to insulin are significant. Regulatory actions from the FTC may pave the way for necessary changes.


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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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