FTC's Lawsuit Against Big Pharma Middlemen Addresses Insulin Price Surges
Understanding the FTC's Legal Action
The FTC has taken a monumental step by filing a lawsuit against the top three pharmaceutical benefit managers (PBMs) in the U.S., including CVS Health’s Caremark Rx, Cigna’s Express Scripts, and UnitedHealth Group’s OptumRx. This legal action shines a spotlight on the troubling practices that contribute to skyrocketing insulin prices, impacting millions of Americans.
Why This Matters to Consumers
The lawsuit aims to enforce accountability among major PBMs and increase transparency within the pharmaceutical supply chain. By targeting these players, the FTC is pushing back against a system that often prioritizes profits over patient access to necessary medications. The outcome could significantly affect the cost and availability of insulin for individuals relying on it for their health.
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