US FTC to Sue Drug Middlemen Over Insulin Prices, Source Says

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US FTC to Sue Drug Middlemen Over Insulin Prices, Source Says
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The U.S. Federal Trade Commission is planning to sue UnitedHealth, Cigna and CVS Health - the three largest pharmacy-benefit managers - over their tactics for negotiating...

-The U.S. Federal Trade Commission is planning to sue UnitedHealth, Cigna and CVS Health - the three largest pharmacy-benefit managers - over their tactics for negotiating prices for drugs including insulin, a person familiar with the matter told Reuters on Wednesday.

The three biggest PBMs are UnitedHealth's Optum unit, CVS Health's CVS Caremark and Cigna's Express Scripts.

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