HEALTH CARE un-covered • 579 implied HN points • 20 Sep 24
- Cigna's pharmacy business, Express Scripts, is suing the Federal Trade Commission to challenge a report that claims they inflate drug prices and harm patients.
- The FTC's report has raised awareness about the power and practices of big pharmacy benefit managers, which control a large share of the market.
- Cigna is trying to protect its financial interests in pharmacy benefits, as they now make up a huge portion of the company's revenues, while also facing potential reforms from lawmakers.