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Employers Haven’t a Clue How Their Drug Benefits Are Managed
KFF Health News Reporter: Arthur Allen Most employers have little idea what the pharmacy benefit managers they hire do with the money...
IPMD
2 min read
Senators Call on FTC to Investigate PBM Co-Manufacturing Tactic
Senators Ron Wyden and Sherrod Brown wrote a letter to the Federal Trade Commission calling to explore yet another PBM tactic impeding...
IPMD
2 min read
The ERISA Industry Committee Calls on Congress to Close Loophole and Deem PBMs as a “Fiduciary” under ERISA
ERIC The ERISA Industry Committee (“ERIC”) today released a new issue brief , “PBM Reform: Deem PBMs a “Fiduciary” Under ERISA,” calling...
IPMD
3 min read
Federal Trade Commission sues largest drug middlemen for allegedly inflating insulin prices
CNN Reporter: Tami Luhby , CNN The Federal Trade Commission took action Friday against the three largest pharmacy benefit managers,...
IPMD
2 min read
Pharmacy Benefit Managers Are Killing Indie Pharmacies and Limiting Patient Choice
The Body Reporter: Tim Murphy I had a shocking revelation recently. For several years here in my New York neighborhood in Queens, I’ve...
IPMD
5 min read
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
It’s Not Just Big Pharma: Meet the Middlemen Blocking Access to Medication
Pharmacy benefit managers have massive control over people’s medications, but a growing movement is pushing for reform. Truthout...
IPMD
12 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
Higher Drug Costs, Less Choice: How PBMs Affect Everyday Americans’ Healthcare
Forbes The nation’s attention remains fixed on pharmacy benefit managers. Following a series of House Oversight Committee meetings on...
IPMD
2 min read
States Keep Legal Pressure on PBMs Ahead of Potential FTC Suit
State AGs are forging ahead with price-fixing lawsuits FTC appears poised to file its own lawsuit against PBMs Bloomberg Law States are...
IPMD
4 min read
Drug middlemen say Pharma sets prices. Then why do middlemen have hundreds for the same drug?
Ohio Capital Journal Pharmacy middlemen known as pharmacy benefit managers deny claims that they’re responsible for the inflating cost of...
IPMD
3 min read
NCPA Leads Retail Pharmacy in a Class Action Suit Against Change Healthcare, UnitedHealth Group, and Optum for Data Breach and Losses
Plaintiffs say defendants failed to secure its network failed to provide adequate guidance, and cost them money NCPA Newsroom The...
IPMD
2 min read
Do pharmacy benefit managers play a role in pharmacy closures?
Ziks Pharmacy seeing numerous customers rushing to them for care. Dayton Daily News As pharmacies continue to shutter across the nation...
IPMD
3 min read
Feds poised to sue pharmacy gatekeepers over high drug costs
The FTC action would target often high costs by trying to curb rebates it says drug makers pay to steer patients to their brand name...
IPMD
5 min read
Pharmacy benefit managers profit at expense of patients and small pharmacies, FTC says
Pharmacy benefit managers may raise the prices of prescription drugs at the pharmacy counter, the Federal Trade Commission found. CNN...
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
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...
IPMD
4 min read
Op-Ed: Health care middlemen don’t benefit NJ patients or pharmacists
Pharmacy benefit managers ‘use practices that create access barriers for patients and administrative challenges for pharmacists’ NJ...
IPMD
3 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...
IPMD
16 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...
IPMD
2 min read
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