The Federal Trade Commission said pharmacy benefit managers created a "perverse drug rebate system" that artificially ...

Some of the PBMs named by the FTC said in statements that the government's action showed that it does not understand how drug ...

Millions of Americans with diabetes need insulin to survive, yet for many of these vulnerable patients, their insulin drug ...

Federal regulators are accusing the country's three largest pharmacy benefit managers of illegally driving up the cost of ...

The Federal Trade Commission (FTC) has filed a legal complaint accusing the 3 largest pharmacy benefit managers (PBMs) in the ...

The three price benefit managers jointly administer 80% of all prescriptions in the U.S., the FTC said in the lawsuit.

For millions of Americans who rely on insulin to manage their diabetes, the price surge can pose a financial burden.The ...