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Commerce fines CVS Caremark $500,000 after 2022 case alleging violations of Pharmacy Benefit Manager
The Minnesota Department of Commerce today announced it has levied a $500,000 penalty against Caremark after alleging that Caremark...
May 1, 2023
PBM Accountability Project Statement on House Subcommittee Hearing to Lower Healthcare Costs
The House Energy and Commerce Committee Subcommittee on Health this week held a legislative hearing entitled, “Lowering Unaffordable...
Apr 27, 2023
Statement on Senate Finance Committee Proposed Bipartisan Policy Solutions
The Senate Finance Committee announced a set of proposed policy solutions to address challenges in the prescription drug supply chain,...
Apr 20, 2023
Iowa Leads in cracking down on PBMs
From the early days of the caucuses through the general election, Iowans make a point to ask tough questions that highlight the...
Apr 17, 2023
Oregonians Strongly Support Legislative Policies to Require PBMs to Lower Drug Costs, Provide Value
New Poll Finds 87% of Respondents Support Regulating Pharmacy Benefit Managers Salem, Ore. – With the Beaver State already facing...
Apr 14, 2023
Video: Congressional Hearings Put PBMs in Spotlight
Several Congressional Committees recently have held hearings where criticism of harmful PBM business practices has taken center stage....
Apr 10, 2023
Johnson, Spanberger Introduce Bipartisan Bill to Protect 340B Program, Prevent Higher Drug Prices
Today, U.S. Representatives Dusty Johnson (R-S.D.) and Abigail Spanberger (D-VA-07) introduced a bipartisan bill that would prohibit...
Apr 7, 2023
‘True disruption’: Mark Cuban’s company will sell brand-name diabetes medicines from J&J
For the first time, Mark Cuban’s Cost Plus Drug Company is selling medicines made by a large drug manufacturer directly to consumers at a...
Apr 4, 2023
Podcast: Spotting Anticompetitive Conduct in Pharma Supply Chain, with Antonio Ciaccia
46brooklyn is a group of pharmacy experts who set out to educate others about what they had learned about the frustrating complexity of...
Apr 4, 2023
Video: PBMs Face Criticism at Recent Hearing
The Senate Finance Committee held a hearing on March 30 to discuss how pharmacy benefit managers (PBMs) affect patients and taxpayers....
Apr 4, 2023
PBMs Are Again In The Crosshairs Of Congress & The FTC: Action To Reform Drug Pricing Increasingly
The pressure on pharmacy benefit managers (PBMs) is ramping up. Both Congress and the Federal Trade Commission (FTC) are probing alleged...
Apr 2, 2023
Senate Finance Committee lobs more bipartisan pressure onto PBMs
Congress is honing in on how it wants to overhaul the rules of the road for pharmacy benefit managers, with a Senate Finance Committee...
Mar 31, 2023
In healthcare, middlemen are running amok
Reduced competition, shortages, and unaffordable options in healthcare are symptoms of middlemen running amok. These middlemen are the...
Mar 31, 2023
How Pharmacy Benefit Managers Steal 340B Savings
Unfortunately for Americans, consolidation in the healthcare industry has neither reduced costs nor improved clinical outcomes. 340B...
Mar 31, 2023
National Poll Shows Overwhelming Support for Congressional Efforts to Hold PBMs Accountable
Bipartisan Respondents Strongly Favor Policies that Require PBMs to Provide Value and Lower Drug Costs Washington, DC – With pharmacy...
Mar 30, 2023
Capital Rx exec to senators: Here's how to fix the PBM industry
While calls to “start over again” and “blow up the whole model” seasoned today’s meeting of the Senate Finance Committee investigating...
Mar 30, 2023
Opinion: How to save patients money by ending one type of insurance coverage
Even if they have health insurance, Americans routinely face surprisingly high charges at the pharmacy counter. A radical-sounding...
Mar 28, 2023
PBM Accountability Project Statement on Senate Commerce Committee Progress on PBM Transparency Act
Mark Blum, Managing Director of the PBM Accountability Project, issued a statement about the Senate Commerce Committee progress on the...
Mar 27, 2023
The Era of Rebate Rip-offs Is Over (Maybe)
Eli Lilly & Co. is cutting the list prices for Humalog and Humulin, its two biggest-selling insulin products by 70%. The price cuts will...
Mar 9, 2023
Drug-Prices Investigation Focused on Middlemen Opens in Congress
House Republicans have launched an investigation into the companies that manage drug benefits, dialing up the scrutiny of the middlemen...
Mar 1, 2023
Video: Senators Criticize PBMs at Recent Hearing
The Senate Commerce Committee held a hearing on Feb. 16 to discuss how pharmacy benefit managers (PBMs) impact patients and community...
Mar 1, 2023
Senate Committee Puts PBMs Under the Microscope
Pharmacy benefit managers (PBMs) -- middlemen between pharmacies, health insurers, and drug companies -- are responsible for driving up...
Feb 17, 2023
'In the crosshairs': PBM reform effort intensifies on Capitol Hill
The drumbeat of calls to enact reforms to pharmaceutical middlemen is growing louder after years of largely unsuccessful attempts by...
Feb 17, 2023
PBMs Get Heavy Dose of Criticism at Senate Hearing
Pharmacy benefit managers (PBMs) came under some harsh attacks and critiques today at a Senate hearing about legislation that would add...
Feb 17, 2023
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