To Improve Pharmaceutical Pricing, Reform PBMs And Fix Health Care’s Systemic Problems

Forbes
Accusations that pharmaceuticals are driving the problem of health care affordability abound. But, political misdiagnoses are just as problematic as medical misdiagnoses…Read More

Mylan is sued by consumers who claim PBM rebates are really kickbacks

STAT News
Three consumers filed a lawsuit accusing Mylan Pharmaceuticals of paying kickbacks to pharmacy benefits managers in order to boost EpiPen sales…Read More.

The secret monopoly behind America’s outrageous drug prices

The Week
Most people agree that American drug prices are too high — and it seems to be getting worse. Every month or so there comes yet another story about some holder of a pharmaceutical patent jacking the price up a zillion percent to make a quick buck at the expense of sick people…Read More

You Can Blame Pharmacy Benefit Managers for Higher Drug Prices

Real Clear Health
Pharmacy benefit managers (PBMs) administer prescription drug plans on behalf of insurers and employers. In the process, they negotiate reimbursement terms with pharmacies and drug prices with drug manufacturers…Read More

The Hidden Monopolies That Raise Drug Prices

The American Prospect
Rob Frankil of Sellersville, Pennsylvania, followed his father into the family business after college. “My entire life,” he said, “I’ve been involved with managing and owning independent pharmacies.” He now owns two stores, a traditional community pharmacy and another that caters to long-term care facilities…Read More

UNDERSTANDING THE HIDDEN VILLAIN OF BIG PHARMA: PHARMACY BENEFIT MANAGERS

Newsweek
In the past few months, four bills have been introduced in Congress calling for transparency in prescription drug pricing…Read More

A new Senate bill would require PBMs to disclose some rebate info

STAT News
In a bid to pull the curtain back on drug pricing, Senator Ron Wyden (D-Ore.) introduced a bill Wednesday that would require pharmacy benefit managers to disclose information about the controversial rebates paid by drug makers to win coveted spots on health plan formularies…Read More.

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

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