PBMs: Raising Drug Prices for Seniors… Pocketing “Rebates” for Themselves.
Who Decides The Cost of Prescription Drugs?
As prescription drug costs skyrocket, President Trump promises to lower drug prices…Watch Here.
Pharmacy Benefit Managers Contribute to High Drug Costs
The high cost of prescription drugs is an important issue for our members and employers. A recent investigation into Pharmacy Benefit Managers (PBMs) highlights their role in this trend…Read More.
Drug Rebates Reward Industry Players — And Often Hurt Patients
Kaiser Health News
Medicare and its beneficiaries aren’t the winners in the behind-the-scenes rebate game played by drugmakers, health insurers and pharmacy benefit managers, according to a paper published Tuesday in JAMA Internal Medicine…Read More.
Drug Lobbyists’ Battle Cry Over Prices: Blame the Others
The New York Times
Hundreds of independent pharmacists swarmed the House and Senate office buildings one recent afternoon, climbing the marble staircases as they rushed from one appointment to the next, pitching lawmakers on their plan to rein in the soaring drug prices that have enraged American consumers…Read More.
New Report: PBMs Push Drug Costs
A new review of studies on the economic impacts of pharmacy benefit managers (PBMs) found that they have an adverse impact on the overall costs and prices of drugs…Read More.
New Study Finds High Prescription Drug Costs Are Not Driving Up U.S. Healthcare Costs
It’s easy for politicians and consumers to rage about the high price of prescription drugs, but Wayne Winegarden, Pacific Research Institute’s senior fellow in business and economics, said those prices are not to blame for the high cost of healthcare in the United States…Read More.
Pharmacy benefit managers add cost to healthcare, impose consumer and market burdens, study says
Due to inefficiencies in the current regulatory framework, pharmacy benefit managers can add cost to the healthcare system and impose burdens on both consumers and market competition, according to a new study released by the Pacific Research Institute…Read More.
WATCH: Pharmacy Benefits Manager Explained
Pacific Research Institute
What would happen if you never had to pay directly for your morning coffee again…?Watch Here.
It’s Time to Switch Our Pharmacy Benefit Manager
Express Scripts, the largest pharmacy benefit manager (PBM) in the nation, is discovering just how much customer service matters. It may also be discovering that suing your biggest customer in court is generally not considered good customer service…Read More.