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PBMs pay higher prices to their own pharmacies, FTC says
Modern Healthcare Drug middlemen paid their own mail-order pharmacies as much as 200 times more than the price at rival pharmacies for...
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Jul 9, 20243 min read
Health insurers cover fewer drugs and make them harder to get
NPR To listen to this NPR report, click here Insurance coverage isn’t what it used to be when it comes to prescription drugs. Insurance...
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Jul 9, 20243 min read
Spanberger Joins More Than 20 Colleagues in a Bipartisan, Bicameral Effort Urging the Defense Health Agency to Increase Oversight of Its Exclusive Contract with Express Scripts
Insurance NewsNet U.S. Representative Abigail Spanberger joined a bipartisan group of more than 20 U.S. House and U.S. Senate colleagues...
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Jul 5, 20246 min read
3Axis Report Scrutinizes PBM Spread Pricing Practice
The 3Axis Advisors analysis suggests PBMs’ spread pricing practices leads to employers being charged different amounts for the same...
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Jul 3, 20244 min read
Independent local pharmacies at risk as reimbursement environment prompting closures
Weatherford Democrat Editor’s note: This is the second story of a multi-part series on challenges rural pharmacies are facing. Part I of...
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Jul 1, 20244 min read
Mail-Order Drugs Were Supposed to Keep Costs Down. It’s Doing the Opposite.
One employer was paying about $100 for a prescription for a generic antidepressant, though it could be bought elsewhere for about $12 The...
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Jun 27, 20245 min read
The Opaque Industry Secretly Inflating Prices for Prescription Drugs
Pharmacy benefit managers are driving up drug costs for millions of people, employers and the government. The New York Times Americans...
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Jun 24, 202416 min read
Health-Care Collusion Task Force Sets Stage for DOJ Enforcement
Justice Department poised to bring civil, criminal cases Enforcers expected to focus on data-sharing, use of AI Bloomberg Law The Justice...
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Jun 21, 20244 min read
Price-gouging middlemen are why Arizonans can’t afford their prescriptions
AZ Mirror As an independent pharmacy owner of more than 18 years, I started my business with one goal in mind: to help patients. Our...
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Jun 19, 20243 min read
Independent pharmacists start ads asking Congress for relief from PBMs, ask Supreme Court to hear a case
Northern Kentucky Tribune Independent community pharmacists have begun an advertising campaign to get Congress to rein in pharmacy...
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Jun 17, 20242 min read
States urge Supreme Court to review PBM case
Modern Healthcare A bipartisan group of state attorneys general is urging the U.S. Supreme Court to review a case they allege wrongfully...
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Jun 15, 20242 min read
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...
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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
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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....
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May 29, 20244 min read
PBM executives invited to testify before House panel
STAT+ Executives from the three major pharmacy benefit manager companies have been invited to testify before the House Committee on...
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May 21, 20241 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...
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May 17, 20244 min read
DOJ Launches Task Force on Healthcare Monopolies: Will It Make A Difference?
The U.S. Department of Justice recently launched a task force on healthcare monopolies. Experts have varying opinions on how it will...
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May 15, 20243 min read
When Did Progressives Learn to Love Health Insurers?
Real Clear Health As long as I have been in politics, I have been keenly aware of the role that health insurers play in driving up health...
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May 11, 20244 min read
Mapping the Vertical Integration of Insurers, PBMs, Specialty Pharmacies, and Providers: A May 2024 Update
Drug Channels It's time for Drug Channels’ annual update of vertical integration among insurers, PBMs, specialty pharmacies, and...
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May 10, 20243 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....
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May 8, 20242 min read
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