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Employee Benefits

FTC plan to review PBM competition fails to win approval

February 18, 2022 Reprints

The Federal Trade Commission will not launch a study into pharmacy benefit managers' pricing and competitive practices after a 2-2 vote Feb. 17, Healthcare Dive reports. The measure needed a simple majority to commence the investigation, which would have compelled large PBMs to turn over information and documents to the agency. Two commissioners appointed by former President Donald Trump voted against the study.

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FTC plan to review PBM competition fails to win approval

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