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Federal Trade Commission sues largest drug middlemen for allegedly inflating insulin prices
CNN Reporter: Tami Luhby , CNN The Federal Trade Commission took action Friday against the nation’s three largest pharmacy benefit...
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2 min read
Pharmacy Benefit Managers Are Killing Indie Pharmacies and Limiting Patient Choice
TheBody Reporter: Tim Murphy I had a shocking revelation recently. For several years here in my New York neighborhood in Queens, I’ve...
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5 min read
Rally outside Optum HQ spotlights debate over pharmacy benefits managers
Minnesota Star Tribune Reporter: Christopher Snowbeck Critics of the pharmacy benefit manager (PBM) industry protested Friday outside the...
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2 min read
Higher Drug Costs, Less Choice: How PBMs Affect Everyday Americans’ Healthcare
Forbes Forbes Contributor: Rita Numerof The nation’s attention remains fixed on pharmacy benefit managers. Following a series of House...
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2 min read
TRICARE becomes part of fight over pharmacy benefit managers
Independent pharmacies leave military health insurance program over low reimbursement rates Roll Call TRICARE is coming under fire for...
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2 min read
A PBM Oligopoly: Three Companies Control 80% Of US Prescriptions – How Can We Fix It?
Forbes After two years of research, the Federal Trade Commission's recent interim report on Pharmacy Benefit Managers has...
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4 min read
States Keep Legal Pressure on PBMs Ahead of Potential FTC Suit
State AGs are forging ahead with price-fixing lawsuits FTC appears poised to file its own lawsuit against PBMs Bloomberg Law States are...
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4 min read
Drug middlemen say Pharma sets prices. Then why do middlemen have hundreds for the same drug?
Ohio Capital Journal Pharmacy middlemen known as pharmacy benefit managers deny claims that they’re responsible for the inflating cost of...
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3 min read
CVS Caremark agrees to $45M settlement with Illinois: report
Modern Healthcare CVS's in-house middleman for dispensing prescription drugs will pay at least $45 million in a settlement with the state...
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2 min read
Lawmakers introduce bipartisan bill aiming to crack down on drug middlemen as scrutiny ramps up
Bipartisan lawmakers introduced a new bill that aims to crack down on the business practices of drug supply chain middlemen who allegedly...
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4 min read
Pharmacy middlemen claim to keep prescription prices low. In fact, they’ve cost consumers billions
Los Angeles Times In 2022, an executive of a big pharmacy middleman firm acknowledged the noxious reality of its business model: It was...
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7 min read
Insurers, employers see payoffs switching to smaller PBMs
Modern Healthcare Smaller pharmacy benefit managers may be having more than a moment as some health insurers and employers show the major...
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4 min read
FTC plans to sue top 3 PBMs over insulin prices: WSJ
Yahoo Finance The Federal Trade Commission (FTC) is looking to take legal action against the three largest pharmacy benefit managers...
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3 min read
Medicare Advantage and Consolidation’s New Frontier — The Danger of UnitedHealthcare for All
The New England Journal of Medicine To download a PDF of this article, click here UnitedHealth Group has recently come under fire. In...
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6 min read
PBMs pay higher prices to their own pharmacies, FTC says
Modern Healthcare Drug middlemen paid their own mail-order pharmacies as much as 200 times more than the price at rival pharmacies for...
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3 min read
Health insurers cover fewer drugs and make them harder to get
NPR To listen to this NPR report, click here Insurance coverage isn’t what it used to be when it comes to prescription drugs. Insurance...
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3 min read
Spanberger Joins More Than 20 Colleagues in a Bipartisan, Bicameral Effort Urging the Defense Health Agency to Increase Oversight of Its Exclusive Contract with Express Scripts
Insurance NewsNet U.S. Representative Abigail Spanberger joined a bipartisan group of more than 20 U.S. House and U.S. Senate colleagues...
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6 min read
3Axis Report Scrutinizes PBM Spread Pricing Practice
The 3Axis Advisors analysis suggests PBMs’ spread pricing practices leads to employers being charged different amounts for the same...
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4 min read
Independent local pharmacies at risk as reimbursement environment prompting closures
Weatherford Democrat Editor’s note: This is the second story of a multi-part series on challenges rural pharmacies are facing. Part I of...
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4 min read
Mail-Order Drugs Were Supposed to Keep Costs Down. It’s Doing the Opposite.
One employer was paying about $100 for a prescription for a generic antidepressant, though it could be bought elsewhere for about $12 The...
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5 min read
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