Reform Pharmacy Benefit Managers (PBMs) to improve pharmaceutical affordability

Forbes
After years of quietly gaining power, PBMs are coming under heightened public and congressional scrutiny. And, for good reasons…Read More

Here’s how a $50 drug ends up costing you $700 in America’s healthcare system

Business Insider
Pharmacists around the country are agitated. For years they’ve been watching their customers struggle to pay for prescription drugs, even when they have generic or over-the-counter alternatives. These drugs are supposed to treat simple, everyday ailments, like acid reflux and heartburn…Read More

PBMs Swimming Against Rising Tide of More Drug Pricing Transparency

Morning Consult
Amid the public uproar surrounding skyrocketing drug prices, Pharmacy Benefit Managers — the pharmaceutical industry’s primary middlemen — are attracting new scrutiny from key members of Congress increasingly disturbed by benefit managers’ complex array of surreptitious pricing practices and protocols…..Read More

Drug Costs Too High? Fire the Middleman

Bloomberg
A decade ago, Caterpillar Inc. looked at its employee drug plan and sensed that money was evaporating. The bills for pills had increased inexorably, so the company started to rein in its pharmacy benefit manager, or PBM…Read More

Pharmacy owner: There’s a huge issue with PBMs

Brad Arthur, Black Rock Pharmacy co-owner, shares his take on the rising drug prices and the pharma supply chain…Read More

Filling A Prescription? You Might Be Better Off Paying Cash

Kaiser Health News
Pharmacists say large pharmacy benefit management (PBM) firms that handle benefit claims for millions of Americans are pocketing the difference, while those firms say pharmacists themselves are being greedy…Read More

Growing Scrutiny of Sketchy, Illusory Pharmacy Benefit Manager (PBM) Value Proposition Forces PCMA to Initiate Defensive DC PR Campaign

Placed on the defensive by a growing level of congressional scrutiny and unfavorable publicity surrounding lawsuits against the shadowy pharmacy benefit manager (PBM) industry, the Senior Care Pharmacy Coalition (SCPC) noted the Pharmaceutical Care Management Association (PCMA) is being forced to mount a defensive public relations effort to counter the growing perception that PBMs are anti-consumer, anti-taxpayer and anti-free market….Read More

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