‘An Arm And A Leg’: Why Are Drug Prices So Random? Meet Mr. PBM

Kaiser Health News
Surely, an old-time, generic drug can’t cost $720 — for a three-month supply…Read More.

Drug plan middle men under scrutiny

Boston Globe
They are the secret middlemen in the chain of rising prescription drug costs…Read More.

Drug middlemen name own prices, methodology goes unchallenged

The Columbus Dispatch
Ohio Medicaid officials and their managed-care contractors say they’re bringing new transparency to an opaque drug-delivery system that in 2017 saw more than a quarter-billion-dollar markup to taxpayers…Read More.

Two more big states take aim at PBM pricing practices, which one lawmaker calls ‘the wild west’

The controversial role that pharmacy benefit managers play in prescription drug pricing is under fresh attack in a pair of new reports issued by two of the largest state…Read More.

Consumers agree: Greater transparency among pharmacy benefit managers is needed

The Hill
Recently, the Trump administration finalized a rule to require drug companies to disclose the list prices of their drugs in direct-to-consumer advertisements…Read More.

Parts Of HELP Bill Regulating PBMs Were Inspired By Montana Strategy

Inside Health Policy
Senate health committee chair Lamar Alexander (R-TN) and ranking Democrat Patty Murray (WA) included measures regulating pharmacy benefit managers in their draft bill on lowering health care costs that were inspired by a state official’s work in Montana…Read More.

Protect LTC from unintended consequences of drug pricing reform

McKnight’s LTC News
As Congress and the Trump Administration advance sweeping prescription drug price reforms, it is essential to recognize independent long-term care pharmacies…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.

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