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Why the FTC is looking at pharmacy benefit managers and their role in drug pricing

Jul 11, 2024
The Federal Trade Commission says companies like CVS Caremark, Express Scripts and OptumRx are artificially driving up prices for medications.
The Federal Trade Commission says companies like CVS Caremark, Express Scripts and OptumRx are artificially driving up prices for medications.
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Biden uses State of the Union speech to tout his economic track record

Mar 8, 2024
He cited job growth and cheaper drugs for seniors, among other things.
During the State of the Union address on Thursday, President Joe Biden touted the strong labor market the U.S. has seen under his presidency.
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How are companies like GoodRx able to provide drug discounts?

Feb 2, 2024
Discount card companies negotiate directly with pharmacies or pharmacy benefit managers, the powerful brokers that control drug prices.
A majority of Americans say that prescription drug costs are unreasonable, according to a KFF poll.
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With the new year comes new, higher prescription costs

Jan 2, 2024
You likely know how much these drug price increases will affect you until you get to the pharmacy counter.
"January is the hotbed of prescription drug pricing changes," said Antonio Ciaccia, president of 3 Axis Advisors.
George Frey/AFP via Getty Images

Why do pharmaceutical companies give away some expensive drugs for free?

Mar 31, 2023
Some offer patient assistance programs, where people can access drugs for free, or cheaper than they would normally pay.
Patient assistance programs might provide much needed relief for patients on an individual level, but they can end up costing health insurers more money.
PAUL J. RICHARDS / Staff

The messaging war over drug prices

May 1, 2019
AARP and the pharmaceutical industry are running ad campaigns in an attempt to shape eventual legislation.
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Walgreens has a tough quarter

Apr 2, 2019
Pharmacy chain Walgreens reported a 3.8 percent drop in sales for the quarter. The company cited a weak cough, cold and flu season — and declining profits from generic and branded prescription drugs. Click the audio player above to hear the full story.
People walk by a Walgreens store in San Francisco.
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For public good, not for profit.

Here's why Eli Lilly will sell a generic insulin

Mar 4, 2019
Lawmakers have been critical of big pharma's pricing structures.

Pharma executives in the hot seat over drug prices

Feb 26, 2019
Senior leaders of big pharmaceutical companies are in D.C. Tuesday to testify before a Senate committee.
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Senate to scrutinize hospitals on low-income patient profits and spending

Jun 19, 2018
This morning, a Senate committee checks in to see how the cuts to the so-called 340b program, which allows hospitals to buy drugs at a discount, are impacting hospitals and patients. Critics say there’s little evidence that hospitals used the savings to help patients. Click the audio player above to hear the full story.