What are pharmacy benefit managers? A health economist explains how lack of competition drives up drug prices for everyone
Wegovy and Ozempic are weight loss drugs that promise to transform the treatment of obesity, heart disease and other chronic ...
Utah sues 2 largest pharmacy benefit managers in U.S. for alleged roles in opioid epidemic
The suit alleges the two pharmacy benefit managers have "substantially contributed to a quadrupling of the number of ...
Drugmakers paid pharmacy benefit managers to avoid restricting opioid prescriptions
The middlemen and gatekeepers of insurance coverage have been pocketing money in exchange for working with Big Pharma ...
CNN10d
Pharmacy benefit manager reform fails to make the cut in federal funding package
The Federal Trade Commission in September sued the largest PBMs — CVS Health’s Caremark Rx, Cigna’s Express Scripts and UnitedHealth Group’s Optum Rx — for allegedly inflating insulin ...
PBMs took payments from manufacturers to allow free flow of opioids, NYT reports
For years, pharmacy benefit managers took payments from opioid manufacturers, including Purdue Pharma, in return for not restricting the flow ...
Yahoo13d
Drug-Middlemen Stocks Rise, Bucking Wider Market Slump
Shares in Cigna, CVS Health, and UnitedHealth Group, owners of the country’s largest PBMs, were traded more than 2% higher Wednesday despite a sharp market decline touched off by the Federal ...
Despite Trump’s Tough Talk On PBMs, GOP House Lets Them Off The Hook
The Republican-led House of Representatives stripped reforms to pharmacy benefit managers, or PBMs in legislation also ...
Can Congress save vanishing rural pharmacies?
Pharmacies in the United States are closing at an alarming rate. The ACT Pharmacy Collaborative, a partnership between ...
The American Journal of Managed Care13d
Year-End Spending Bill to Feature Reforms for Pharmacy Benefit Managers and Telehealth Access
The health care provisions include key reforms targeting pharmacy benefit managers, extensions of Medicare telehealth ...
Houston Chronicle13d
What are pharmacy benefit managers? A health economist explains how lack of competition drives up drug prices for everyone
However, things work out differently in practice because the largest PBMs have merged with the largest health insurers. CVS has merged with Aetna. Express Scripts and OptumRx merged, respectively ...