Explainer: Why are US pharmacy benefit managers under fire?
WEB2 days ago · Three companies controlled 79% of U.S. pharmacy benefit management in 2022, according to the data platform Statista: CVS Health's , opens new tab CVS Caremark with 33%, Cigna's , opens new tab ...
FTC sues pharmacy benefit managers for inflating price of insulin …
WEB1 day ago · The three PBMs named in the FTC lawsuit make up about 80% of the market. According to the suit, the PBMs collected billions of dollars in rebates and fees while insulin became increasingly ...
Why PBMs, or pharmacy benefit managers, are the focus of new ... - NPR
WEBJul 7, 2023 · At least nine bills introduced in Congress take aim at pharmacy benefit managers, the powerful middlemen that channel prescription drugs to patients. Here's what the fuss is all about.
Pharmacy benefit managers profit at expense of patients and small ... - CNN
WEBJul 9, 2024 · Pharmacy benefit managers, which negotiate the terms for prescription drug access for hundreds of millions of Americans, are racking up profits while squeezing patients and independent...
High insulin prices spur a federal lawsuit against three pharmacy ...
WEB2 days ago · The federal government is suing some big pharmacy benefit managers over a system of drug rebates that regulators say has made the price of insulin soar for diabetic patients. Three companies that ...
Explainer: Why are US pharmacy benefit managers under fire?
WEBWASHINGTON, July 9 (Reuters) - The U.S. Federal Trade Commission said on Tuesday in an interim report on its investigation into pharmacy benefit managers that healthcare consolidation has given...
F.T.C. Slams Middlemen for High Drug Prices - The New York Times
WEBJul 9, 2024 · The Federal Trade Commission on Tuesday sharply criticized pharmacy benefit managers, saying in a scathing 71-page report that “these powerful middlemen may be profiting by inflating drug costs...
CVS Caremark® defines future of pharmacy benefit management …
WEBCVS Caremark pledges to accelerate transparency, drive to lowest net cost prescription drugs, strengthen pharmacy relations, and deliver the best clinical care in pharmacy.
Reforming Pharmacy Benefit Managers — A Review of Bipartisan ...
WEBOct 28, 2023 · Policymakers are considering legislation that would address several well-known problems with the PBM industry. But the bills might not substantially reduce prescription drug spending in the...
PBMs, the Brokers Who Control Drug Prices, Finally ... - KFF Health News
WEBMay 11, 2023 · Drug manufacturers claim that exorbitant PBM demands for rebates force them to set high list prices to earn a profit. Independent pharmacists say PBMs are driving them out of business. Physicians blame them for …
Skip to content