Tomorrow a follow-up commentary will assess the lawsuit itself. Background on PBMs Recent FTC actions portray PBM practices as harmful and anticompetitive. However, there is substantial economic ...
The FTC's long-awaited report published in July was a difficult read for the PBM industry, concluding that the six largest companies in the US market operate a concentrated market structure that ...
“I’m proud that the FTC launched a bipartisan investigation into these shadowy middlemen, and its preliminary findings prove yet again that it’s time to bust up the PBM monopoly.” Eisai ...
FTC Chairwoman Lina Khan, with her fellow Democratic Commissioners, recently filed a suit against the leading PBMs in an effort to undermine, or even prohibit, their use of rebates to secure ...
Nationally, criticism of PBM practices intensified over the summer with the FTC report. The PCMA pushed back, saying the ...
I say this as a Republican member of Congress who is often critical of the FTC. On this point, however, we are seemingly in lockstep. The FTC’s interim report will help pull back the curtain on ...
Calls for PBM reform focus on transparency and addressing monopolistic practices to improve drug affordability. The FTC's action underscores the need for urgent reforms to address PBMs' anti ...
The Federal Trade Commission (FTC) on September 27, 2024 unexpectedly withdrew from a recently established Memorandum of Understanding (MOU) with ...
alleging that the agency’s July report on the PBM industry was biased and defamatory and asking the court to order the FTC to withdraw the report. The report is “seventy-four pages of ...
The FTC wants details on pass-throughs of rebates ... The agency is also asking for any information in PBM company files relating to "strategies and business practices for lowering the net price ...
Improving the Patient Financial Experience Throughout the Patient Journey While many healthcare providers believe that improving the patient financial experience is a critical step for their ...
Medicare managed care plans will receive an increase of just over 6.5% on average in per capita payments when the rates for 2005 are announced in May, according to a preliminary estimate from the ...