EPISODE · Oct 18, 2024 · 30 MIN
Virginia Focus - FTC vs PBMs
from Virginia Focus
High prescription costs, inflation, and wages that aren't keeping up are leading to what could be the matchup of the decade. The Federal Trade Commission announced plans to go after the largest Pharmacy Benefit Managers: CVS Health’s Caremark, Cigna’s Express Scripts and UnitedHealth’s Optum RX - who control the cost of 80% of prescriptions in the United States. The FTC alleges the companies are artificially inflating prices to increase their profits. Let's talk to the nation's leading expert on PBM's Antonio Ciaccia to learn more.
What this episode covers
High prescription costs, inflation, and wages that aren't keeping up are leading to what could be the matchup of the decade. The Federal Trade Commission announced plans to go after the largest Pharmacy Benefit Managers: CVS Health’s Caremark, Cigna’s Express Scripts and UnitedHealth’s Optum RX - who control the cost of 80% of prescriptions in the United States. The FTC alleges the companies are artificially inflating prices to increase their profits. Let's talk to the nation's leading expert on PBM's Antonio Ciaccia to learn more.
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Virginia Focus - FTC vs PBMs
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