How manipulative politicians turned utilities into their energy middlemen
Soaring Electricity Bills in New York In New York, electricity costs are skyrocketing. As of May, the average monthly expense for households rose 13% compared to last year, and it has increased a staggering 54% since May 2019. Politicians, eager for attention, have pointed fingers at the utility companies. In their press statements, they rail […]
We will eliminate the PBM middlemen to reduce drug costs.
The following content will look like this. During a press conference at Mar-A-Lago, President Donald Trump announced plans to take charge of the benefits manager (PBM) for a significant pharmacy. “Honestly, these intermediaries are quite alarming; they earn more than the drug companies yet do little besides acting as middlemen. We aim to eliminate these […]
Cigna and CVS stocks drop as Trump aims at ‘middlemen’ in broad executive order against major pharmaceutical companies.
Trump Targets Prescription Drug Prices with New Executive Order President Trump made headlines on Monday by signing an executive order aimed at slashing prescription drug prices for Americans by up to 90%. This move had an immediate impact, particularly on shares of companies he dubbed as “intermediate.” At the White House ceremony, Trump stated, “We’ve […]
Trump Will Bring America First Drug Prices by Knocking Out the Middlemen, Making Europe Pay Its Fair Share
The following content is sponsored by Americans for a limited government: America's first drug pricing has begun. President Trump has pledged to lower US drug prices. President Trump understands that, contrary to the typical politicians who want to score points with false promises but prefer not to achieve anything, mediators, government bureaucracy and European price […]
We’re Going to Knock Out the PBM Middlemen, Get Drug Costs Down
The following content is Americans who support limited government. President-elect Donald Trump vowed to take on big pharmacy benefit managers (PBMs) during a press conference Monday at Mar-a-Lago. “Frankly, these are horrible middlemen who make more money than the drug companies. They don't do anything but be middlemen. We're going to knock the middlemen down,” […]
UnitedHealth, rival shares tumble as lawmakers push to break up drug middlemen
Shares of companies that own pharmacy benefit managers fell on Wednesday after the introduction of a bipartisan bill that would force health insurance companies and drug intermediaries to sell their pharmacy businesses. CVS Health's Caremark, Cigna's Express Scripts, and UnitedHealth Group's Optum control much of the pharmacy benefit management (PBM) industry in the U.S., and […]
BOBBY JINDAL AND CHARLIE KATEBI: Dems, GOP Must Unite In Cracking Down On Middlemen Who Cause Drug Costs To Skyrocket
For the past several years, lawmakers, health care professionals, and patient advocacy groups have argued that companies known as pharmacy benefit managers (PBMs) are driving up the cost of prescription drugs. Now, the Federal Trade Commission (FTC) is filing a lawsuit The largest PBM said to have increased insulin costs for diabetics. These intermediaries control […]
CVS, UnitedHealth say FTC should take Lina Khan and two commissioners off drug middlemen case – CNBC
FTC Chairman Lina Khan presents the House Appropriations Subcommittee on Financial Services and General Government entitled “Fiscal Year 2025 Requests to the Federal Trade Commission” at the Rayburn Building on Wednesday, May 15, 2024. testify at the public hearing. Tom Williams | Cq-roll Call Inc. | Getty Images CVS Health and united health group It […]
FTC sues three largest drug middlemen for allegedly inflating insulin prices
The Federal Trade Commission (FTC) filed a lawsuit Friday against the three largest pharmacy benefit managers (PBMs), accusing them of engaging in anticompetitive practices that “artificially” inflate the list price of insulin while increasing their profits. The agency's actions target CVS Caremark Rx, Cigna's Express Scripts and UnitedHealth's OptumRx, which together fill about 80% of […]
Homecare ‘middlemen’ sue to stop Gov. Hochul’s proposed Medicaid program overhaul
Governor Hockle’s plan to overhaul the fraud-ridden $9 billion Medicaid home care program, the system that allows New Yorkers to get paid to care for the elderly, is facing a lawsuit from “middleman” companies that act as payroll agents between Medicaid and caregivers. During state budget negotiations earlier this year, the governor quietly pushed through […]