The House Committee on Oversight and Accountability held a hearing with executives from the three largest PBMs—Adam Kautzner (Express Scripts), David Joyner (CVS Caremark), and Patrick Conway (OptumRx)—presenting findings from a comprehensive 32-month investigation. Chairman James Comer released a …
House Oversight CommitteeJames ComerAdam KautznerDavid JoynerPatrick Conway+3 morehealthcarepbmpharmacyantitrustcongressional-oversight+2 more
The Federal Trade Commission released its interim staff report titled ‘Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies,’ revealing alarming market concentration and anticompetitive practices. The report found that three PBMs—CVS …
Federal Trade CommissionLina KhanCVS CaremarkExpress ScriptsOptumRx+1 morehealthcarepbmpharmacyantitrustregulatory-capture+3 more
The Senate Health, Education, Labor, and Pensions (HELP) Committee held a historic hearing bringing together CEOs of major insulin manufacturers (Eli Lilly, Novo Nordisk, Sanofi) and executives from the three largest PBMs (CVS Caremark, Express Scripts, OptumRx) to examine soaring insulin prices. …
Bernie SandersSenate HELP CommitteeLars Fruergaard JorgensenPaul HudsonHeather Cianfrocco+6 morehealthcarepbmpharmacyinsulindrug-pricing+2 more
The Senate Intelligence Committee’s investigation reveals that the CIA paid private contractors James Mitchell and Bruce Jessen $81 million to design, implement, and assess the effectiveness of the enhanced interrogation program. The psychologists had no interrogation experience, no background …
James MitchellBruce JessenCIAGeorge Tenettortureciaenhanced-interrogationprofiteeringwar-crimes