The U.S. Federal Trade Commission is looking into how big pharmacy benefit managers like CVS Caremark affect pricing and patients’ access to prescription drugs at a time when costs of some medicines, even older ones like insulin, have skyrocketed, the agency said Tuesday. As part of the probe, the FTC is sending demands for information…
Medicare Overpays on Roughly Half of Generic Meds: USC Study
July 6, 2021
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LOS ANGELES, Calif.—A University of Southern California (USC) study released July 6 comparing Medicare prescription drug prices with those paid by Costco members found that the federal government overpaid on roughly half of the most common generic medicines in 2018. The study—which appears as a research letter in JAMA Internal Medicine—compared Medicare Part D prescription…
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