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PBM executives decline to revise controversial testimony to House committee
The leaders of Caremark, Optum Rx and Express Scripts had until Wednesday to walk back statements they made in July — or face potential...
IPMD
2 min read


PBM executives threatened with fines and jail time for alleged perjury in House hearing
Testimony from the heads of Express Scripts, Optum Rx and Caremark in July defending pharmacy benefit managers’ business practices could...
IPMD
3 min read


Pa. legislators passed a law to regulate pharmacy middlemen. But the state doesn’t enforce it.
Pharmacy benefit managers often conduct ‘fraud, waste and abuse investigations’ that find clerical errors Pennsylvania Capital Star In...
IPMD
8 min read


Congress needs to stop pharmacy benefit managers from wrongly impeding access to drugs
Cleveland.com When I was 40 years old, I received a medical diagnosis we all fear: cancer. In the prime of my life, doctors confirmed...
IPMD
3 min read


UnitedHealth Group CEO takes bipartisan heat in Senate hearing over cyberattack
The Hill UnitedHealth Group CEO Andrew Witty took fire from both sides of the aisle Wednesday during his testimony before the Senate...
IPMD
4 min read


Chains Feeling the Squeeze
It’s time for the folks in Washington to stop paying lip service to the problem and pass legislation that will rein in the PBMs. Pharmacy...
IPMD
2 min read


David Balto: End the link between PBMs and drug prices
Waco Tribune-Herald It’s not a secret that our prescription drug pricing system is broken. To address the root of the problem, the Biden...
IPMD
3 min read


Nearly a third of independent pharmacies at risk of closure in 2024
The pharmacies are feeling the strains of a CMS rule that went into effect at the start of the year. Healthcare Brew Independent...
IPMD
3 min read


Commentary: How lawmakers can protect copay assistance
Maryland Matters In the complicated landscape of health care, one thing is abundantly clear — the current drug pricing system is broken....
IPMD
3 min read


PBM bills, other health policies fail to make funding package
Modern Healthcare A healthcare package that would have advanced pharmacy benefit manager legislation and other healthcare priorities...
IPMD
3 min read


Congressman on PBMs: ‘They've essentially become extortion artists’
Rep. Greg Murphy, MD, discusses prior authorizations and other pending legislation in Washington. Medical Economics Pharmacy benefit...
IPMD
3 min read


First Look: PBM probe update
Axios Pro Pharmacy benefit managers aren't fully complying with a federal probe into their business practices more than a year and a half...
IPMD
2 min read


A Bipartisan Coalition of 39 State Attorneys General Urge Congressional Action on Pharmacy Benefit Manager Reform
NAAG The National Association of Attorneys General (NAAG) sent a letter to Congressional leaders on behalf of 39 attorneys general who...
IPMD
2 min read


House panel passes PBM bill that bans spread pricing, only allows a flat service fee
The Delinking Revenue from Unfair Gouging (DRUG) Act would require pharmacy benefit managers that contract with a carrier offering...
IPMD
2 min read


2024: A Pivotal Year in Curbing Pharmacy Costs
MedCity News 2024 stands at a critical juncture in the battle against soaring pharmacy costs. In 2023, prescription drug costs rose by...
IPMD
3 min read


Michigan’s Pharmacy Benefit Manager Licensure and Regulation Act Takes Effect
Frier Levitt With the New Year underway, Pharmacies and Pharmacists throughout the country should be on the lookout for new laws taking...
IPMD
2 min read


PBMs, telehealth, transparency lead Congress' 2024 to-do list
Modern Healthcare Presidential election years tend to be poor times to attempt major healthcare legislation, but Congress' failure to...
IPMD
4 min read


A Reform Could Lower Prescription Drug Bills
DC Journal | Inside Sources Imagine you’re in charge of purchasing desks for your local school system. Your main negotiating leverage is...
IPMD
4 min read


Ted Okon: Pressure Is Mounting on PBMs
Activity to regulate pharmacy benefit managers (PBMs) has started in the states and is trickling up to the federal level, said Ted Okon,...
IPMD
2 min read


Why Drugs Are Disappearing From Your Insurance Coverage
Powerful companies are removing hundreds of medicines from insurance plans — and they’re spending millions to stop attempts at reform....
IPMD
8 min read
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