UnitedHealth, CVS, and Cigna leveraging market power and political influence to push independent pharmacies out.

UnitedHealth, CVS, and Cigna are using their market share and pull in Washington to drive one of the key levers to manage health care costs—independent pharmacies—out of business. @matthewccook5 has more.https://t.co/jEADS2xOLI — David Dayen (@ddayen) March 21, 2024 Pharmacy benefit managers (PBMs) are the shadowy middlemen who decide what drugs you can buy, where you …

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CVS and Cigna Charge $6,000 for $55 Generics, How Do We Fix This?

via Mike Shedlock: Health insurers dramatically mark up prices of generics and pharmacies are in on the scheme. Generic Drugs Should Be Cheap But Sometimes They Aren’t The Wall Street Journal reports Generic Drugs Should Be Cheap, but Insurers Are Charging Thousands of Dollars for Them The cancer drug Gleevec went generic in 2016 and can …

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