News Briefs: CVS, Cigna, UnitedHealth Ask for FTC Chair Recusal
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Oct 10, 2024
CVS Health Corp., The Cigna Group and UnitedHealth Group filed motions asking for Federal Trade Commission Chair Lina Khan and two other commissioners to recuse themselves from a suit accusing the companies’ PBMs of inflating insulin costs. In their Oct. 8 filings, the three vertically integrated health care companies argued that Khan and Commissioners Alvaro Bedoya and Rebecca Kelly Slaughter are biased against PBMs, as evidenced by statements like those referring to Caremark, Express Scripts and Optum Rx as “price gougers.” The FTC filed an administrative complaint against the “Big Three” PBMs and their affiliated group purchasing organizations in late September, following a July interim report that was highly critical of their business practices. Read more
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