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flag FTC reveals pharmacy middlemen inflate generic drug prices by up to 1,000%, costing patients billions.

flag The FTC reports that pharmacy benefit managers (PBMs) like Express Scripts, CVS Caremark, and Optum RX are inflating the prices of generic prescription drugs by as much as 1,000%. flag These middlemen, who set prices for 80% of US prescriptions, steer patients to their own pharmacies, profiting over $7.3 billion from 2017 to 2022. flag This practice raises drug costs for conditions like cancer and HIV.

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