Attorney General Gentner Drummond of Oklahoma recently filed a lawsuit against major diabetic drug manufacturers and PBMs, alleging an unfair and deceptive pricing scheme that has cost patients billions. Drummond claims violations of the Oklahoma Consumer Protection Act and said that manufacturers have significantly increased the prices of diabetes drugs despite reduced production costs.
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Insulin manufacturers and pharmacy benefit managers have worked together for the last 15 years to artificially inflate the cost of insulin paid by the public in Oklahoma, Oklahoma Attorney General
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