Insulin Manufacturers, PBMs Hit With RICO Suit Alleging Conspiracy

( April 30, 2024, 2:21 PM EDT) -- HARTFORD, Conn. — A union health benefit plan sued the top three insulin manufacturers and a host of pharmacy benefit managers (PBMs) in a Connecticut federal court, alleging that they conspired to artificially inflate the price of the prescription drug in violation of the Racketeer Influenced and Corrupt Organizations Act (RICO). . . .

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