FTC wants to know: How are PBMs affecting drug affordability and access?
Following the Federal Trade Commission’s decision to not, at least initially, dig deeper into pharma middlemen known as PBMs, the...
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News
Mar 3, 2022
The Driver Dictating Prescription Drug Benefits: PBMs Explained
Pharmacy benefit managers — liaisons between pharmaceutical companies and health insurers that run patients’ prescription benefits — are...
Feb 25, 2022
FTC seeks public comments on pharmacy benefit managers' impact on patients, pharmacies
The request for information comes on the heels of the FTC's failed bid to launch a formal inquiry into PBM practices that would have...
Feb 22, 2022
Vertical integration secures PBMs as ‘arsonists and firefighters’ of drug prices
In the last 4 years, the three biggest pharmacy benefit managers have consolidated influence in the U.S. health care marketplace through...
Feb 18, 2022
COA 2022 PBM Dirty Tricks Exposé Report
New Report from the Community Oncology Alliance studies "How PBMs Adversely Impact Cancer Care While Profiting at the Expense of...
Jan 28, 2022
PBMS: WHEN YOU’RE BUYING MEDS THEY GET THE REBATES, YOU GET THE SHAFT
Last week a pharmaceutical industry expert named Antonio Ciaccia, testified in front of the Indiana General Assembly about a bill that...
Jan 21, 2022
Trends in Pricing and Out-of-Pocket Spending on Entecavir Among Commercially Insured Patients
Chronic hepatitis B (CHB) causes significant liver-related morbidity and mortality. Treatment of CHB is cost-effective in the US;...
Jan 20, 2022
Billionaire Mark Cuban Opens Online Pharmacy To Provide Affordable Generic Drugs
Billionaire investor Mark Cuban launched an online pharmacy Thursday that offers more than 100 generic drugs at an affordable price with...
Jan 19, 2022
How Build Back Better Could be Even Better | Opinion
West Virginia Senator Joe Manchin recently announced he won't support the current version of the Build Back Better Act. When they heard...
Jan 12, 2022
THIS is why your prescription drugs cost so much!
The entities charged with negotiating better drug prices for consumers are pocketing the savings for themselves. Antonio Ciaccia,...
Jan 5, 2022
A proposal to reform the pharmacy benefit manager system
The doctor or practitioner writes the prescription, you take it to the pharmacy, and you get the medication you need. Simple, right? You...
Dec 7, 2021
For one drug at least, biggest insurers force Medicare patients to buy the most expensive
In theory, the point of managed care is to save money by negotiating with providers for lower prices. So it would seem that the biggest...
Dec 7, 2021
Centene hands over millions to another state as Medicaid PBM oversight rises
Centene will pay Kansas $32.4 million to resolve the fifth--but not final--allegation that the St. Louis-based insurer overcharged state...
Dec 7, 2021
Pharmacy benefit accountability report
Pharmacy Benefit Managers are companies that manage prescription drug benefits on behalf of insurers. But a new report finds they may be...
Dec 6, 2021
Report: PBM Gross Profits Rose 12% From 2017-2019
Pharmaceutical middlemen saw gross profits increase by 12% from 2017 to 2019, according to a report by the PBM Accountability Project ....
Dec 6, 2021
Documents reveal the secrecy of America's drug pricing matrix
American businesses spend hundreds of billions of dollars a year on prescription drugs, and the bills keep getting bigger. But some of...
Dec 3, 2021
PBMs' profit swells as sector consolidates, report shows
Pharmacy benefit managers are more profitable as the sector consolidates, new research shows... Read full story >
Dec 2, 2021
Pharmacy benefit managers are outwitting attempts at accountability, tougher rules
A new national report released Thursday details how pharmacy benefit managers recalibrated their tactics in response to government and...
Dec 2, 2021
New Report Shows PBMs Are Increasing Costs for Patients and the Health Care System
Misaligned Incentives Allowed PBM Gross Profit to Grow 12% in Just Two Years MEDIA CONTACT: Mike Kapsa 443-333-9769...
Dec 2, 2021
Paying more out of pocket for prescription drugs? Here’s what you need to know
You may have noticed the price of prescription drugs rising, leaving you to pay more out of pocket. Louisiana Independent Pharmacies...
Dec 2, 2021
Prescription drug costs rising across the U.S.
Costs of prescription drugs have been rising, making some unable to afford drugs when going to the pharmacy. Some experts say that this...
Nov 21, 2021
Evening Edition: Pharmacy Benefit Managers And Their Role In The Drug Supply Chain
If you have health insurance the chances are high that it is managed by a ‘Pharmacy Benefit Manager’. PBM’s are connectors between drug...
Aug 26, 2021
PBMs Are Feeling a Push From States to ‘Turn the Lights on’ to Their Business Practices
Support for increased scrutiny on prescription drug middlemen coming from 33 states and D.C. as federal efforts slow Read the full article >
Jul 20, 2021
Guest Opinion: Costly PBM drug pricing tactics impede the pursuit of health equity
Most everyone knows the story of Robin Hood who stole from the rich to give to the poor. But what do you call someone who picks the...
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