CVS Caremark settles with FTC, agrees to drug-pricing changes

CVS CAREMARK, CVS Health Corp.’s pharmacy benefit manager, has reached a settlement with the Federal Trade Commission over insulin prices and rebate practices. / AP FILE PHOTO/GENE J. PUSKAR
CVS CAREMARK, CVS Health Corp.’s pharmacy benefit manager, has reached a settlement with the Federal Trade Commission over insulin prices and rebate practices. / AP FILE PHOTO/GENE J. PUSKAR

WOONSOCKET – CVS Caremark, CVS Health Corp.’s pharmacy benefit manager, has reached a settlement with the Federal Trade Commission over insulin prices and rebate practices.  The agreement resolves the FTC’s 2024 lawsuit alleging CVS Caremark, Express Scripts Inc. and Optum Inc. used unfair rebating practices to inflate insulin list prices, limiting access to lower-cost drugs and shifting costs to

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