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.

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.

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

STAT News
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.

PBM executives are heading to Capitol Hill this week. Here are 4 things to watch

Fierce Healthcare
Pharma CEOs went before the Senate last month, and now it’s PBMs’ turn to be on the hot seat…Read More.

Lawmakers United Against High Drug Prices Bare Partisan Teeth

Kaiser Health News
While the high cost of prescription drugs seems to be a universally agreed-upon trouble spot in the American health system, a House Ways and Means subcommittee hearing Thursday…Read More.

Doggett Announces Ways & Means Medicare Drug-Pricing Hearing

Inside Health Policy
The House Ways & Means health subcommittee will hold a hearing on promoting competition to lower prescription drug prices in Medicare…Read More.

Ohio seeks $16m from UnitedHealth’s PBM for overcharging on drugs

STAT
Ohio officials are ratcheting up their closely watched battle with pharmacy benefit managers as the state attorney general is seeking nearly $16 million from OptumRx for allegedly failing to pass along discounts for generic drugs that were purchased by a state agency…Read More.

First-In-Nation Montana Bill Would Regulate PBMs Through Insurers

Inside Health Policy
A bill that takes a unique, aggressive strategy to require pharmacy benefit managers pass drug rebates through to plans was passed out of a Montana Senate committee with only Republican support…Read More.

New transparency requirements, loss of safe harbor for PBMs and drugmakers in proposed rule

Modern Healthcare
The Trump administration is calling for pharmacy benefit managers to disclose to health plans the fees that they get from drug companies for administrative services as part of a bid to boost transparency among PBMs…Read More.

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