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Big insurance declares war on small-town pharmacists
1819 News Author: Tony Cochran John* is a pharmacist in a small community. A wonderful husband and father to his two children, John has a...
IPMD
3 min read
Pressure Mounts for PBM Reform Amid Rising Drug Costs
Independent Voter News Reporter: Cara Brown McCormick The Hidden Power of PBMs: A System Under Scrutiny Pharmacy Benefit Managers (PBMs)...
IPMD
2 min read
Diagnosing the Problem With PBMs' Incentives
Real Clear Markets Reporter: Justin Leventhal Pharmacy Benefit Managers (PBM) sit in the center of our prescription drug system,...
IPMD
2 min read
FTC finds middlemen inflate specialty generic drug prices by billions of dollars
CNN Reporter: Tami Luhby Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped...
IPMD
1 min read
Pharmacy Benefit Managers Drive Up Costs
Newsmax Reporter: Mark Swanson Rep. Jake Auchincloss, D-Mass., is taking aim at three pharmacy benefit managers (PBMs) that operate...
IPMD
2 min read
Arkansas Legislative Council makes pharmacy-protecting PBM rule permanent
KARK News Reporter: Alex Kienlen The Arkansas Legislative Council voted on Friday to make an emergency rule on pharmacy benefit managers...
IPMD
2 min read
Alabama loses a pharmacy a week. Now they are suing the ‘behemoths’ they say are to blame
AL.com Reporter: Savannah Tryens-Fernandes Since 2018, about 350 pharmacies in Alabama closed their doors. That’s more than one a week....
IPMD
3 min read
Lawmakers push health insurers, PBMs to sell pharmacy businesses
Pharmacy benefit managers (PBMs) are facing a new round of scrutiny this week across Capitol Hill. The Hill Health Care Newsletter A...
IPMD
2 min read
PBM and telehealth measures falter in Congress' year-end rush
Modern Healthcare Reporter: Michael McAuliff Lawmakers and advocates are making a last-ditch effort to include pharmacy benefit...
IPMD
3 min read
How Pharmacy Benefit Managers Are Harming Patients—and What Policymakers Can Do About It
The Century Foundation Author: Thomas Waldrop , Fellow Earlier this year, the Federal Trade Commission (FTC) announced that it had begun...
IPMD
5 min read
The Costly Failures Of Medicine’s Middlemen
Forbes Robert Pearl, M.D. Forbes Contributor The American medical system has become undeniably complex, a far cry from the days when...
IPMD
3 min read
PBM Math: Big Chains Are Paid $23.55 To Fill a Blood Pressure Rx. Small Drugstores? $1.51
KFF Health News Reporter: Andy Miller While customers at Adams Family Pharmacy picked up their prescriptions on a hot summer day, some...
IPMD
3 min read
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
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