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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
Senate begins quest to demystify PBMs' practices as it mulls legislation
The Senate Commerce Committee today held a hearing in which members on both sides of the aisle raised questions about the practices of...
Feb 17, 2023
Chairman of the Board Response to U.S. Senators’ Efforts to Hold PBMs Accountable
Doug Dority, Chairman of the Board of the PBM Accountability Project penned a letter to Senators Maria Cantwell and Chuck Grassley in...
Feb 16, 2023
Senators question why PBMs 'even exist' in heated hearing amid push for reform
Senators pilloried the lack of transparency from pharmacy benefit managers during a hearing Thursday, as lawmakers hope to pass reforms...
Feb 16, 2023
Tough day for PBMs
It's never pleasant for your industry when senators are publicly musing at a hearing about whether your companies should exist, but...
Feb 16, 2023
How 3 companies came to dominate the PBM market
When you think of industries dominated by a few powerful players (*cough* tech *cough*), the pharmacy benefit manager (PBM) industry...
Feb 15, 2023
Mark Cuban Assails PBMs at AAM meeting
Mark Cuban made scathing, profanity-laced remarks about pharmacy benefit managers (PBMs) and heaped praised on drug manufacturers...
Feb 14, 2023
Health care giant Centene settles with another state, California
Medicaid managed-care giant Centene has agreed to pay California $215 million to settle a drug-pricing scandal related to one that was...
Feb 14, 2023
PBM Accountability Project Chairman of the Board Response to State of the Union address
Doug Dority, Chairman of the Board of the PBM Accountability Project penned a letter to members of the Biden Administration in response...
Feb 9, 2023
Biden’s SOTU Targets Drug Companies, But Misses Opportunity To Challenge Health Insurers And PBMs
President Biden’s State of the Union Address hammered home the point that drug prices must come down. He reminded viewers that he and his...
Feb 8, 2023
States, not Federal Government, Are Moving to Tighten Regulation of PBMs
The politics and policies of high drug prices have been swirling around for years. But recently, attention has shifted to PBMs, which...
Feb 7, 2023
Need a new drug? You may be asked to ‘fail’ an old drug first
Many patients seeking better drug treatments are being rejected by their insurance companies. The reason: Patients must first “fail” at...
Feb 7, 2023
Bipartisan Policy Center Brief: High Drug Prices: Are PBMs the Right Target?
Pharmacy benefit managers (PBMs) may be Congress’ next target for high prescription drug prices. There is evidence that PBMs may be...
Feb 2, 2023
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