Wisconsin couple sues Walgreens, Optum Rx, saying son died after sudden $500 price spike for asthma meds
Shanon and William Schmidtknecht, of Poynette, say their 22-year-old son Cole was told the cost had jumped from $66 to $539 ...
Becker's Hospital Review2h
Wisconsin couple sues Walgreens, Optum Rx over son's death
A Wisconsin couple has filed a lawsuit against pharmacy benefit manager Optum Rx and Walgreens, alleging their son's death was linked to a sudden price increase in his asthma medication.
Hosted on MSN3d
Generic prescription drug prices marked up as high as 5,000%, investigation finds
A new FTC report found that pharmacy benefit managers have inflated the price of life-saving generic prescription drugs, ...
Hosted on MSN22d
FTC says Optum, other prescription benefit managers inflate cancer drug prices 1,000%
Pharmacy benefit managers are supposed ... The other side In statements to FOX 9, OptumRx insists they are lowering the cost of specialty medications. Express Scripts says the FTC report narrowly ...
MedCity News23d
Healthcare Leaders Support FTC’s Second Report on PBMs, While PBMs Criticize Findings
An Optum spokesperson told MedCity News that ... generic specialty drugs and how PBM conflicts of interest in the specialty pharmacy market have resulted in excessive charges to employers ...
Modern Healthcare23d
Big 3 PBMs reaped $7.3B from generic specialty drug markups: FTC
Pharmacy benefit managers CVS Caremark, OptumRx and Express Scripts inflated costs for specialty generic drugs to treat diseases such as cancer and HIV to the tune of $7.3 billion over six years ...
Healio7d
Pharmacy benefit managers levy 'very significant markups' on drug prices for $7.3B payday
Pharmacy benefit managers overcharged for specialty generic medications — in many cases by hundreds and thousands of percent ...
Fierce Healthcare21d
Optum Rx commits to passing through 100% of drug rebates, Witty says
The Federal Trade Commission this week released its second report on PBMs, alleging that Optum, CVS' Caremark and Express Scripts raked in billions by marking up specialty generics. Witty said ...
Fierce Healthcare23d
FTC: Big 3 PBMs generated $7.3B from specialty generic drug markups
PBM-affiliated pharmacy dispensing revenue increased ... OptumRx said the company is also reviewing the report. "Optum is lowering the cost of specialty medications, which comprises half of ...