PBMs Under Fire Again, But Despite Bipartisan Pressure Reforms May Be Elusive
As Lina Khan, chair of the Federal Trade Commission, ends her tenure this week the FTC posted a second report in six months critical of pharmacy benefit managers.
The Gazette10h
Bills aim to address prescription drug costs, pharmacy closures by regulating PBMs
Pharmacy benefit managers, insurance companies, and pharmacists debated the causes and potential impacts of the new proposal ...
‘Driven out by middlemen’: Pharmacists across Kansas advocating for reform
Hundreds of Kansas pharmacies are working to make their message clear: They need pharmacy benefit manager (PBM) reforms.
Drug Store News1d
AAM: Redesigned Medicare drug program still allows PBMs to deny patients access to lower-cost generics, biosimilars
AAM submitted comments to CMS, highlighting the extent and ways in which Part D sponsors and their PBMs engage in practices that favor, intentionally or unintentionally, more expensive reference drugs ...
Insulin prices are falling due to market forces — no price caps required
If California patients pay more than $35 per month for insulin now, it’s in large part because PBMs have rigged the system in ...
NY Gov. Hochul looks to crack down on PBMs, Bloomberg Law reports
New York would become the first state to force pharmacy benefit managers to publicly reveal how much they profit from rebates issued by drug ...
The Oklahoman13d
Only an act of Congress can stop pharmacy monopolies, Sen. Lankford says
Pharmacy benefit managers, commonly referred to as PBMs, promote themselves as intermediaries that manage prescriptions for ...
Odessa American2dOpinion
NATIONAL VIEW: ‘Knock out the middlemen’: A campaign promise Donald Trump should keep
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
RealClearMarkets14d
Diagnosing the Problem With PBMs' Incentives
Pharmacy Benefit Managers (PBM) sit in the center of our prescription drug system, coordinating between insurance companies, ...
hrexecutive2d
Will a new FTC report finally help rein in out-of-control pharmacy costs?
The FTC called out the nation’s leading pharmacy benefit managers for inflating pharmacy costs, affecting both employers and ...
Iowa pharmacists ask lawmakers for action as more pharmacies close across the state
Iowa House and Senate lawmakers advanced House Study Bill 99 and Senate Study Bill 1074 through their respective subcommittees Wednesday. The bills aim to stop Pharmacy Benefit Managers or PBMs from ...
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Generic prescription drug prices marked up as high as 5,000%, investigation finds
A new FTC report found that pharmacy benefit managers have inflated the price of life-saving generic prescription drugs, ...