Middlemen Who Save $$ On Medicines — But Maybe Not For You
Kaiser Health News
Guess who’s back grabbing headlines? Pharmacy benefit managers — those companies that serve as middlemen in the prescription drug pipeline…Read More.
Lawmaker wants pharmacists to be able to disclose price of a drug
A Michigan lawmaker wants to give pharmacists the right to disclose the actual price they paid for a drug…Read More.
New law removes the veil over rising prescription drug costs
Americans spend more per capita on prescription drugs than any other high-income country in the world. Many states have wrestled with the rising costs of these medications, particularly in Florida…Read More.
Many overpay for prescriptions when co-pays are higher than drug prices: Study
People are often overpaying for prescription drugs when they are charged the insurance copay at the pharmacy, according to a new study from the University of Southern California…Read More.
We Must Hold Big Pharma Accountable For Predatory Pricing
It’s hard to remember now, but there once was a time when pharmaceutical companies were considered heroes, not villains…Read More.
The first target on drug prices: pharmacy benefit managers
After months of circular finger-pointing over high drug prices, lawmakers, administration officials and parts of the health care industry seem to have settled on an initial target: pharmacy benefit managers, the middlemen that health insurers and employers hire to negotiate with drug companies…Read More.
A costly PBM trick: set lower copays for expensive brand-name drugs than for generics
When the patent on a brand-name drug expires, and one or more generic versions enter the market, you’d expect consumers to pay less for the generic. That isn’t necessarily the case, thanks to the middlemen known as pharmacy benefit managers…Read More.
Senate bill targets pharmacy benefit managers
The Lane Report
A bill that would put the state back in charge of its Medicaid drug program has moved to the House…Read More.
Independent Pharmacies Say Drug Middlemen Are Making Them Sick
Independent pharmacy groups in several states are sick of the low insurance reimbursement rates that middlemen, known as pharmacy benefit managers, or PBMs, pay them after drugs are dispensed and they’re pushing for greater oversight of the drug middlemen…Read More.
A South Texas county drags PBMs into nationwide lawsuit over opioids
A massive lawsuit over the nation’s opioid crisis has largely ignored an influential group of companies in the prescription drug business — the financial middlemen who brokered access to the powerful pills that got so many people hooked.Read More.