PBMs made more than $7B marking up specialty generics: FTC

16 hours ago  · The three biggest pharmacy benefit managers made more than $7.3 billion over five years marking up the prices of specialty generic drugs for cancer, HIV and other …


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PBMs Made More Than $7B Marking Up Specialty Generics: FTC

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16 hours ago  · The three biggest pharmacy benefit managers made more than $7.3 billion over five years marking up the prices of specialty generic drugs for cancer, HIV and other …

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PBMs Made More Than $7B Marking Up Specialty Generics: FTC

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The three biggest pharmacy benefit managers made more than $7.3 billion over five years marking up the prices of specialty generic drugs for cancer, HIV and other conditions, the …

msn.com

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FTC: Big 3 PBMs Generated $7.3B From Specialty Generic Markups

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1 day ago  · PBM-affiliated pharmacy dispensing revenue increased at an annual growth rate of 42% from 2017 to 2021, and the top 10 specialty generic drugs generated more $6.2 billion of …

fiercehealthcare.com

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FTC Finds Middlemen Inflate Specialty Generic Drug Prices By

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12 hours ago  · Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the prices of dozens …

cnn.com

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New FTC Report: PBMs Mark Up Specialty Generic Drugs

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16 hours ago  · The FTC found that between 2020 and 2023, 63% were reimbursed at rates marked up by more than 100% over their estimated acquisition cost while 22% were marked …

managedhealthcareexecutive.com

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Specialty Generic Drugs - Federal Trade Commission

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20 hours ago  · percent of prescriptionsfor drugs marked up more than $1,000. These results are also consistent when using dispensing revenue shares instead of shares ofprescriptionsas the …

ftc.gov

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CVS, Cigna, And UnitedHealth Inflated Cancer And HIV Drug Prices: …

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17 hours ago  · The FTC reported that a disproportionate share of specialty drugs marked up more than $1,000 per prescription were done so by PBMs operated by CVS, Cigna, and …

qz.com

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Big 3 PBMs Reaped $7.3B From Generic Specialty Drug Markups: FTC

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19 hours ago  · The FTC analyzed data for 51 specialty generic drugs dispensed from 2017-2022 for patients with commercial insurance or Medicare Part D plans managed by CVS Caremark, …

modernhealthcare.com

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FTC Finds Middlemen Inflate Specialty Generic Drug Prices By

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Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the prices of dozens of specialty …

msn.com

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FTC Report Shows Major PBMs Mark Up Specialty Drugs Significantly

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19 hours ago  · The FTC report also showed that a significant portion of commercial prescriptions for specialty generic drugs marked up more than $1,000 per prescription were filled by …

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What Is The Real Relationship Between PBMs And Pharmacy …

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2 hours ago  · That worked for many people at a time when drugs were more affordable, and it still works for some generic drugs marketed by the Walmart and Kroger “$4 List” and Amazon …

statnews.com

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FTC Finds Middlemen Inflate Specialty Generic Drug Prices By …

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12 hours ago  · (CNN) — Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the …

kxly.com

FAQs about PBMs made more than $7B marking up specialty generics: FTC Coupon?

Are PBMs causing a spike in generic drug prices?

What they found: The PBMs marked up prices for specialty generic drugs by hundreds and sometimes thousands of percent over their estimated acquisition costs from 2017 and 2022, per the FTC report. Most of the highly-marked up drugs were dispensed at pharmacies affiliated with the PBMs. ...

What percentage of specialty drugs are dispensed by PBMs?

Among those drugs marked up by more than 1,000 percent, half of them were marked up by more than 2,000 percent. In 2023, the top three PBMs dispensed the majority of specialty drugs in the U.S. at 68 percent, a double-digit hike from when it dispensed 54 percent of specialty drugs in 2016. ...

How much money does a PBM make a year?

According to the report, the “Big 3” PBMs marked up the prices of many specialty generic drugs by hundreds or thousands of percent. Significantly marking up the prices 51 such drugs helped PBM-affiliated pharmacies generate $7.3 billion in revenue between 2017 and 2022. ...

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