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The National Consumers League applauds the FTC’s decision to investigate PBMs
NCL is deeply concerned by the lack of transparency and accountability surrounding pharmacy benefit managers (PBMs). The pervasive power...
Jun 15, 2022
The Truth about Pharmacy Benefit Managers
Nobody wants fraud — particularly not in medical care. Accordingly, in 1972, Congress passed the Federal Anti-kickback Statute that...
Jun 9, 2022
FTC Launches Inquiry Into Prescription Drug Middlemen Industry
Agency to Scrutinize the Impact of Vertically Integrated Pharmacy Benefit Managers on the Access and Affordability of Medicine The...
Jun 8, 2022
Pharmacy Benefit Managers (PBMs) Harm Pharmacies and Patients Alike
Pharmacists play an essential role in the healthcare delivery system. Each day, their top priority is helping patients access medications...
May 25, 2022
PBM Accountability Project Applauds FTC for Examining the Cost-Increasing Impact of PBMs
The Executive Director of the PBM Accountability Project, Doug H. Dority, submitted public comment to the Federal Trade Commission (FTC)...
May 24, 2022
ICYMI | Grassley Press Release on Senate Commerce Committee Hearing
ICYMI | Grassley’s Leadership Recognized Multiple Times During Commerce Committee Hearing On Prescription Drug Pricing Reform WASHINGTON...
May 9, 2022
Highlights from Senate hearing on pharmacy benefit managers' role in drug prices
A U.S. Senate panel grilled secretive pharmacy benefit managers in a hearing Thursday on how to bring fairness and transparency to U.S....
May 6, 2022
Understanding where your money goes beyond the pharmacy counter
Where are the mystery costs your pharmacy absorbs and how does it affect your drugs and price? Key stakeholders share their expertise...
May 4, 2022
2021 Janssen Transparency Report
Our responsibility as a leader in the healthcare system is to bring forward actionable ideas, data and insights to help create a...
May 3, 2022
How to protect consumers from PBM greed
The rising cost of health care is a sore point for all consumers and nowhere is it more glaring than at the pharmacy counter. However,...
Apr 20, 2022
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
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