NewsFlorida DailyAugust 31, 2026Hillsborough
Florida Attorney General investigates Pharmacy Benefit Managers for alleged monopolistic practices
Florida Attorney General James Uthmeier has launched an investigation into Pharmacy Benefit Managers (PBMs) regarding their influence over prescription drug access and pricing. This action follows a June announcement of an investigation into Caremark/CVS for alleged monopolistic behavior.
Read the full story at Florida DailyWhy It Matters
The investigation targets the intermediaries that manage prescription drug benefits for insurance plans, which directly impacts the cost and availability of medications for Florida residents.
Key Facts
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Who's Mentioned
organizationExpress Scripts“Sued by Florida for alleged price-fixing.”organizationPrime Therapeutics“Sued by Florida for alleged price-fixing.”organizationFederal Trade Commission“Also investigating PBM practices.”personJames Uthmeier“Initiated lawsuits against PBMs.”locationFlorida“Jurisdiction of the investigation”personBarney Bishop III“Lobbyist for independent pharmacists and author of the opinion piece.”organizationCaremark/CVS“Subject of a June investigation by the Florida Attorney General.”