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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16 min
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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4 min
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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3 min
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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2 min
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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2 min
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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2 min
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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4 min
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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1 min
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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4 min
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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3 min
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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PUTT
4 min
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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3 min
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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2 min
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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4 min
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...
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5 min
Lawmakers slam UnitedHealth chief over Change Healthcare attack
Modern Healthcare UnitedHealth Group CEO Andrew Witty endured withering criticism from lawmakers Wednesday as Congress held a pair of...
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2 min
Congress Has A Big Chance To Investigate A Financial Threat To Patients
Forbes Following an enormous cyberattack on a subsidiary of UnitedHealth Group, the Senate Finance Committee has called the company's...
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2 min
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...
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PUTT
5 min
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...
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PUTT
9 min
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...
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