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FTC Probes Major Healthcare Giants Over Alleged Drug Pricing Violations

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The Federal Trade Commission (FTC) has launched a comprehensive investigation into the pricing practices of major healthcare giants CVS, Cigna, and UnitedHealth Group.

This inquiry centers around alleged violations related to the pricing of critical medications for cancer and HIV patients.

The FTC's probe aims to uncover any potential anti-competitive behavior or unfair pricing tactics that may have significantly impacted the affordability and accessibility of these life-saving treatments.

Patients and advocacy groups have long voiced concerns over the rising costs of specialty drugs, which can create significant financial barriers to care.

According to sources familiar with the investigation, the FTC is examining whether the insurers and pharmacy benefit managers (PBMs) have engaged in practices that unfairly inflate the prices of oncology and HIV/AIDS medications. - https://webmdnetwork.com/blog/ftc-investigates-drug-pricing-cvs-cigna-unitedhealth/?unique_id_rdej85j3

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