top of page
PBM Issues


The U.S. drugstore is caught in a perfect storm, ditched by customers and squeezed by insurance middlemen: ‘Pharmacies are in shambles’
Yahoo Finance Good morning. Fortune senior features writer Maria Aspan here, writing from New York City. I’ve spent the last few months...
-
Jun 6, 20242 min read


Press Release | PUTT Sets Record Straight on PBM Agreement with Clinically Integrated Independent Pharmacy Network
FOR IMMEDIATE RELEASE May 31, 2024 May 23rd Announcement Should Have Listed Cigna, Not PBM Express Scripts, in Agreement With CPESN to Cover Non-Prescription Clinical Services WINSTON-SALEM, NC (May 31, 2024) – Pharmacists United for Truth and Transparency ( TruthRx.org ) issued the following statement in response to a news release issued by pharmacy benefit manager (PBM) Express Scripts announcing a “collaboration” agreement with CPESN USA , the country’s first and largest
-
May 30, 20243 min read


The Inflation Reduction Act’s Medicare Impact: Beware This Faustian Deal
RealClear Health The Biden administration is moving forward with a process that represents a sea change in how Medicare pays for drugs....
-
May 29, 20244 min read


Critics of Pharmacy Benefit Managers to Protest at Express Scripts
“They have the power to create a monopolistic system, which is what they're doing,” says Loretta Boesing Riverfront Times Loretta...
-
May 17, 20244 min read


No profits for prescriptions: Independent pharmacies raise concerns
WCBI CBS News The technicians at Chris’s Pharmacy in Columbus hardly ever stop, from opening until closing. There’s plenty of business....
-
May 8, 20242 min read


Mark Cuban has a simple question for CVS’s drug middleman: Why don’t you publish your prices?
Ohio Capital Journal Businessman and TV personality Mark Cuban has a seemingly straightforward question for the huge drug middleman owned...
-
May 3, 20244 min read


Not so fast, PBMs: You aren’t fooling consumers
National Consumers League | Blog Post A recent op-ed, “It’s Time for Facts in the PBM Debate” by the president of one of the nation’s...
-
Apr 12, 20242 min read


Long-term care pharmacies forced to borrow to buy resident drugs, close as intermediaries tighten grip on sector
McKnights Senior Living Long-term care resident access to prescription drugs is being squeezed as several market and regulatory factors...
-
Apr 11, 20245 min read


Are below cost reimbursement practices by Pharmacy Benefit Managers creating opportunity for criminals to enter the legitimate supply chain?
The Partnership for Safe Medicines Whether it’s N95 masks, airbags, or helmets, demand for a product that the legitimate market cannot...
-
Apr 6, 20249 min read


Amid increased federal scrutiny, PBMs pivot strategy to further squeeze independent pharmacies
Yahoo! Finance Pharmacy benefits managers (PBMs) are employing new strategies to squeeze independent pharmacies, even as the industry...
-
Mar 25, 20245 min read


Mark Cuban: Five Ways that Big PBMs Hurt U.S. Healthcare–And How We Can Fix It
DRUG CHANNELS By Mark Cuban, Co-founder, Mark Cuban Cost Plus Drug Company Why does my company—the Mark Cuban Cost Plus Drugs...
-
Mar 23, 20244 min read


As Humira biosimilars take over the market, CVS has created a new ploy: the drug ‘rebate credit’
STAT+ News The biggest enticement that large pharmacy benefit managers offer to the employers that hire them is drug rebates — a steady...
-
Mar 20, 20246 min read


Big Insurance PBMs Will Shut Down Your Local Pharmacy
DC Journal | Inside Sources In his State of the Union address last week, President Biden doubled down on this commitment to decreasing...
-
Mar 14, 20243 min read


Press Release | PUTT: UnitedHealth Group Responsible for Chaos and Patient Care Breakdowns Resulting From Change Healthcare Cyber Attack
FOR IMMEDIATE RELEASE March 12, 2024 “UnitedHealth Group’s Lack of an Execution-Ready Back Up Plan to Prevent Disruption to Patient Care is a Shocking Dereliction of Duty” WASHINGTON, DC (March 12, 2024) – Pharmacists United for Truth and Transparency ( TruthRx.org ) released the following statement today regarding UnitedHealth Group’s failure to resolve predictable patient and provider access breakdowns following the February 21, 2024 cyber attack: “Over the last 21 days,
-
Mar 12, 20243 min read


Cyberattack Paralyzes the Largest U.S. Health Care Payment System
The hacking shut down the nation’s biggest health care payment system, causing financial chaos that affected a broad spectrum ranging...
-
Mar 12, 20246 min read


'Hitting a new crisis': Pharmacies feel pressure of low reimbursements; Mainline bowing out
Yahoo News Wondering where he could get prescription diabetic shoes after his neighborhood Davidsville Mainline Pharmacy closes, Jim Carr...
-
Mar 8, 20245 min read


White House Roundtable on Lowering Healthcare Costs and Bringing Transparency to Prescription Drug Middlemen
ICYMI: Watch It Now
-
Mar 6, 20241 min read


Press Release | PUTT To Congress: Immediate PBM Reform is Critical To Protecting Patient Access To Medical Care
FOR IMMEDIATE RELEASE February 27, 2024 “Every day that passes without PBM reform is a day a community in America risks losing access to a pharmacy, its most readily available healthcare provider. ” PHOENIX, AZ (February 27, 2024) – The Executive Board of Directors of Pharmacists United for Truth and Transparency ( PUTT ) issued the following statement after Congress’ decision to eliminate pharmacy benefit manager (PBM) reform provisions in the government’s latest funding pa
-
Feb 27, 20242 min read


Independent pharmacists fight burnout and industry pressures as Rite Aid and CVS close stores
The Times-Tribune Dennis Czerw, owner of Parkway Pharmacy in Philadelphia, served 175 new customers in January. He was “astounded,” he...
-
Feb 23, 20245 min read


The Albatross Around America’s Neck: How health-care opacity neutralizes competition and fuels a corporate race to corner health-care markets
HEALTH CARE un-covered Authors: WENDELL POTTER & BRIAN KLEPPER Consolidating and cornering health-care markets In November, Optum...
-
Feb 16, 20246 min read
bottom of page
