News

In a report, the regulator sharply criticized pharmacy benefit managers, a reversal from its longstanding hands-off approach to policing...

Investigation finds firms, which are supposed to control spending, have overcharged for cancer drugs and taken other steps raising costs...

In stark terms, the Federal Trade Commission found in a report released Tuesday that pharmacy benefit managers — the opaque middlemen in...

One employer was paying about $100 for a prescription for a generic antidepressant, though it could be bought elsewhere for about $12 A...

The New York Times has published a detailed investigation into how middlemen pharmacy benefit managers (PBMs) drive up drug costs for...

This is Part 2 of “Behind the Counter,” an in-depth video series demystifying the complex world of patents and drug pricing. Watch here >

This is Part 1 of “Behind the Counter,” an in-depth video series demystifying the complex world of patents and drug pricing. Watch here >

Imagine going to the doctor and being told you have a life-threatening condition that can only be treated with a daily dose of...

Basin Pharmacy fills more than prescriptions in rural northern Wyoming. It’s also the key health care access point for the town of about...

Restrictive health plan policies are increasingly relying on step therapy for cancer drugs, recent analysis from consulting firm Avalere...

Pharmacy benefit managers (PBMs) were first developed in 1958 as a prepayment plan for prescriptions. Today, PBMs function as middlemen...

A data analytics firm that helps insurers collect big fees while leaving some patients with unpaid bills has been summoned to explain its...

Yesterday, the Senate Judiciary Committee held a hearing, entitled “Ensuring Affordable & Accessible Medications: Examining Competition...

Today, the House Committee on Energy and Commerce Subcommittee on Health held a markup of 23 bills aimed at strengthening our healthcare...

Our prescription drug pricing system in America is complex, confusing and often puts patients at a disadvantage. Insurance middlemen...

Members of Congress Highlight Concerns Beyond Data Breach, Need for PBM Reforms The Senate Finance Committee and House Energy and...

After becoming pregnant, Alexandra Day, a 31-year-old consultant living in South Carolina, sought out neonatal genetic testing that was...

UnitedHealth Group CEO Andrew Witty took fire from both sides of the aisle Wednesday during his testimony before the Senate Finance...

It’s not a secret that our prescription drug pricing system is broken. To address the root of the problem, the Biden administration...

Bipartisan legislation will help lower seniors’ costs for prescription drugs Today, U.S. Senators Ron Wyden (D-OR) and Mike Crapo (R-ID)...

Pharmacists gathered at the Capitol Thursday to call for reform of pharmacy benefit managers. They say the PBMs are pushing independent...

Momentum Continues Building in Support of PBM Reforms to Lower Prescription Drug Costs The White House held a roundtable discussion this...