The lawsuit claims that three major healthcare companies were pushing up the price of insulin by 1,200 percent.
The outgoing Federal Trade Commission chief has listed her ongoing lawsuit against United Health as among her greatest accomplishments.Newsweek sought email comment on Monday from UnitedHealth and two other companies named in the lawsuit—CVS Health's CVS Caremark and Cigna's Express Scripts.
While PBM respondents collected billions in rebates and associated fees according to the complaint, by 2019 one out of every four insulin patients was unable to afford their medication,' the statement reads.The FTC alleges that 'the three PBMs created a perverse drug rebate system that prioritizes high rebates from drug manufacturers, leading to artificially inflated insulin list prices.
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