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Honolulu Star-Advertiser

Wednesday, January 15, 2025 72°Today’s Paper


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FTC: Pharmacy managers inflated drug prices by $7.3 billion

FTC: Pharmacy managers inflated drug prices by $7.3 billion

From 2017 to 2022, the companies — UnitedHealth Group’s Optum, CVS Health’s CVS Caremark and Cigna’s Express Scripts — marked up prices at their pharmacies by hundreds or thousands of percent, netting them $7.3 billion in revenue in excess of the acquisition costs of the drugs, the FTC said in its second report on the industry. Read more

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kh6jrm@gmail.com

I am the retired news director of Pacific Radio Group stations on the Island of Hawaii. I am a retired Lt. Col., USAF Reserve. I am a FCC-licensed Amateur Radio Operator, holding the Amateur Extra Class License. I am a substitute teacher for the state of Hawaii Department of Education.

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