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- “Although many people have never heard of pharmacy benefit managers, these powerful middlemen have enormous influence over the U.S. prescription drug system,” said Federal Trade Commission Chair Lina M. Khan. “This study will shine a light on these companies’ practices and their impact on pharmacies, payers, doctors, and patients.”
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Why did the FTC order pharmacy benefit managers to provide data?
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What happens if a PBM doesn't meet FTC requirements?
June 8, 2022. The Federal Trade Commission has voted to order the six largest pharmacy benefit managers (“PBMs”) in the U.S. to provide documents and data as part of an FTC inquiry into the impact of PBM practices on competing pharmacies, payers, doctors, and patients.
Office of the Chair . 1 . Remarks of Chair Lina M. Khan . Regarding the 6(b) Study on Pharmacy Benefit Managers . Commission File No. P221200 . February 17, 2022 . We’ll now turn to our next agenda item, the use of the Commission’s investigative authority under Section 6(b) of the Federal Trade Commission Act to issue orders to large
Jun 7, 2022 · Statement of Chair Lina M. Khan Regarding 6(b) Study of Pharmacy Benefit Managers (104.88 KB) Related Releases FTC Launches Inquiry Into Prescription Drug Middlemen Industry
Feb 26, 2024 · Feb 26, 2024. Illustration: Shoshana Gordon/Axios. Pharmacy benefit managers aren't fully complying with a federal probe into their business practices more than a year and a half after the inquiry began, according to a letter from Federal Trade Commission Chair Lina Khan shared first with Axios.
- Maya Goldman
Jun 21, 2023 · Since launching an inquiry into PBM business practices last year, FTC chair Lina Khan has shown she's going to look even more deeply into the complex world of the pharmaceutical supply chain. Why it matters: Experts say two of Khan's latest moves suggest she'll crack down on health care consolidation in general — and probably foreshadow ...
Sep 7, 2023 · By Cami Mondeaux. September 7, 2023 5:14 pm. . EXCLUSIVE — Federal Trade Commission C hairwoman Lina Khan could face a possible ethics inquiry over allegations she violated the agency’s...
Mar 4, 2024 · In a White House roundtable addressing industry abuses on Monday, Federal Trade Commission (FTC) Chair Lina Khan reiterated concerns regarding the lack of cooperation from pharmacy benefit...
