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F.T.C. Settles With Express Scripts Over High Insulin Prices

Cigna's Express Scripts has settled with the Federal Trade Commission (FTC) over allegations of inflating insulin prices through illegal rebate practices. As part of the settlement, the company will modify its pricing calculations for approved drugs, while the lawsuits against other major pharmacy benefit managers continue.

F.T.C. Settles With Express Scripts Over High Insulin Prices

Key Highlights

  • Cigna's Express Scripts agreed to changes to address allegations of inflated insulin prices.
  • The settlement follows a lawsuit filed by the FTC in 2024.
  • Express Scripts is one of three major pharmacy benefit managers controlling 80% of US prescriptions.
  • The FTC is still pursuing lawsuits against CVS Health Corp. and UnitedHealth Group Inc.
  • A hearing related to these ongoing cases has been postponed for settlement discussions.
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Sources

  1. F.T.C. Settles With Express Scripts Over High Insulin Prices
  2. Cigna Settles FTC Lawsuit Alleging It Inflated Insulin Costs

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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