Ohio has sued some companies that manage drug benefits, saying the firms colluded to gain leverage during drug-rebate negotiations
Lawsuit alleges certain PBMs shared information to gain leverage during rebate negotiations with drugmakers
Drug pricing is complicated and secretive. WSJ explains how the flow of money, drugs and rebates behind the scenes may drive up the price of prescription medicine for consumers. Illustration: Mallory BranganA price-fixing lawsuit that Ohio filed Monday against several firms that manage billions of dollars in drug benefitsof the companies while shining a spotlight on their new tactic using overseas subsidiaries.
The lawsuit filed Monday by the Ohio attorney general in a state court alleges Cigna Corp. , Humana Inc. and Prime Therapeutics LLC shared pricing and other information gathered by a Swiss subsidiary to gain leverage during negotiations with drugmakers for rebates.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WSJ News Exclusive | Uber Eats to Take Down Thousands of Virtual Brands to Declutter the AppUber Eats is taking thousands of online-only brands off its app out of concern that the platform is getting clogged by restaurants listing multiple delivery options with different names but the same menu
Read more »
WSJ News Exclusive | Russia Supplies Iran With Cyber Weapons as Military Cooperation GrowsTehran is receiving advanced surveillance software after providing drones for Ukraine battlefield, people familiar with the matter said, adding another layer to a burgeoning alliance that the U.S. sees as a threat.
Read more »
Trump Addresses Potential Indictment in First 2024 Campaign Rally in Waco, TXDonald Trump held his first 2024 campaign rally in Waco, Texas on Saturday evening, addressing the potential indictment from the Manhattan DA. See potential bias and similarities in coverage from BreitbartNews, BBCNews, and AP:
Read more »