States pursue aggressive drug pricing remedies; PBM, big pharma in crosshairs

Fox Business
States are taking aggressive actions to rein in high prescription treatment costs from pharmaceutical firms Opens a New Window. and curb potentially illicit behavior Opens a New Window. from middlemen price negotiators…Read More.

PBMs, under fire from the Trump administration, spend a record sum on lobbying

Lobbying disclosures filed on Monday revealed a flurry of pharmaceutical industry activity, including the largest-ever expenditure for the trade group representing pharmacy benefit managers….Read More.

Ohio AG Calls For ‘Immediate Legislative Action’ Against PBMs

Inside Health Policy
Ohio Attorney General Dave Yost (R) on Monday (April 22) called for the Ohio legislature to enact four policies targeting spread pricing practices by pharmacy benefit managers…Read More.

PBMs Want To Distribute New Rebate Payments; Pharmacists Disagree

Inside Health Policy
The Trump administration’s point-of-sale rebate proposal would drastically alter the way rebates are delivered, and pharmacy benefit managers are angling for responsibility to distribute the rebates under the new model…Read More.

Lawmakers ask the Trump administration to investigate PBM pricing practices

As pharmacy benefit managers undergo increasing scrutiny, two lawmakers have asked the Health and Human Services inspector general to investigate…Read More.

National LTC Pharmacy Advocacy Group Praises Grassley, Wyden Call for PBM “Spread Pricing” Probe

Cites Ohio Attorney General Yost’s Effort to Recoup Public Dollars from PBM Medicaid Managed Care Abuse…Read More.

Can Someone Tell Me What A PBM Does?

Kaiser Health News
It was back-to-school day at the Senate Finance Committee hearing Tuesday morning…Read More.

Unchecked Health Care Mergers Threaten Seniors’ Access to Prescription Drugs

Morning Consult
Pharmacy benefit managers are the latest industry group set to appear before the Senate Finance Committee to detail their role in the drug pricing supply chain and offer ideas to lower prescription drug prices…Read More.

SCPC to Senate Finance Committee: In Wake of Drug Pricing Reform Efforts, Policymakers Must Protect LTC Pharmacies from PBM Cost-Shifting to Reduce Seniors’ Costs

National LTC Pharmacy Advocacy Group Details Four Drug Pricing Reform Policy Recommendations…Read More.

PBMs sidestep the Senate’s tough questions — but lawmakers hint at legislation

The much-maligned pharmacy middlemen escaped largely unscathed during a high-profile congressional hearing Tuesday — but the powerful bipartisan duo behind the hearing now appears…Read More.

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