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Howard Dean: It’s time to crack down on the middlemen that inflate the costs of drugs like insulin
U.S. Sen. Raphael Warnock just introduced a bill that would cap Americans’ out-of-pocket spending on insulin at $35 a month. The...
Apr 18, 2022
Rein In Profiteering by Drug-Industry Middlemen
The Federal Trade Commission recently requested public comments on the effect of drug-industry middlemen on drug affordability and...
Apr 11, 2022
AMAC Supports Bill to Study PBM Business Practices
“Among other provisions, this bill would direct the Federal Trade Commission (FTC) to launch a study and report to Congress on the...
Mar 24, 2022
Sen. Wyden urges CMS to apply pharmacy fees at point of sale to lower drug costs
U.S. Sen. Ron Wyden (D-OR) is urging the Centers for Medicare and Medicaid Services (CMS) to finalize the proposal that applies all...
Mar 17, 2022
More than $300 Billion in Health Care Spending Goes to Middlemen. We Need Accountability.
Too many people go to the pharmacy counter only to be told the cost of their prescription medicine has gone up. Again. It’s maddening at...
Mar 11, 2022
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...
Mar 4, 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...
Mar 3, 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 22, 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...
Feb 18, 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 28, 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 21, 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 19, 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 12, 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...
Jan 5, 2022
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 7, 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
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
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...
Nov 21, 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...
Jul 20, 2021
It’s Time for Drug Middlemen to Own Up and Pass the Savings to Consumers
An economic threat that consumers have not had to worry about for quite some time – inflation – may become a reality. From groceries to...
Jul 19, 2021
A Lehigh County, PA, audit identified $1.4M in lost savings as a result of wasteful PBM contract
"Even with substantive communication and (county-owned) data restrictions, we were able to quantify over $1.4 million in savings: During...
Jan 27, 2021
Editorial: A reckoning is coming for PBMs
Earlier this month, a Medicare recipient with drug coverage filled a prescription at a Concord branch of a major pharmacy chain. The ...
Sep 2, 2019
ICYMI: Secret Rebates: Why Patients Pay $600 for Drugs That Cost $300
(Bloomberg) -- Robyn Curtis, a staff adviser at the University of Southern Mississippi in Hattiesburg, has a 13-year-old daughter with...
Oct 6, 2016
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