Three companies that process about 80% of prescriptions in the United States — Caremark, Express Scripts and OptumRx — have ...

In January, a new Idaho law will take effect requiring reform of business practices by pharmacy middlemen — in search of tamping down prescription drug costs. The new law targets pharmacy benefit ...

The Federal Trade Commission said pharmacy benefit managers created a "perverse drug rebate system" that artificially ...

One complicating factor is manufacturer rebates, which are discounts on prescription list prices provided by drug manufacturers to pharmacy benefit managers, which in turn may share some or all of ...

The Dean of the Faculty of Renewable Natural Resources, University of Ibadan, Professor Adejoke Akinyele, has called on the federal government to eliminate the activities of middlemen in the food ...

However, the Federal Trade Commission (FTC) staff has issued a report that focuses on those income claims made by 70 MLM companies. In the report, the FTC staff found many issues with the income ...

(Courtesy: FTC) Originally designed as a way to ... The first bill, the Protecting Patients from Middlemen Act, would prohibit drug plans and PBMs in Medicare Part D and Medicare Advantage from ...

the drug companies claim that they ultimately have to raise list prices in order to pay the middlemen.

In 2023, consumers reported $114 million in losses from scams involving BTMs — a nearly 900% increase over the preceding three years, the FTC said Tuesday ... been linked to drug smuggling ...

The FTC said it has agreed to a $2.95 million settlement package with Verkada, which includes acknowledgement that Verkada spammed its own customers with junk email and allowed them to be exposed ...

Notwithstanding a recent easing of supply constraints for some weight-loss medicines, the country is still mired in a record prescription drug shortage. Novo Nordisk’s popular GLP-1 drug Ozempic will ...