News & Updates

As Congress Reconvenes, PBM Middlemen Remain on Defense as Questionable Practices, Bipartisan Transparency Legislation Drive Drug Pricing Discussion

As Congress reconvenes this week, the increasingly controversial role of Pharmacy Benefit Managers (PBMs) in the national drug pricing chain are again in the spotlight as bipartisan, bicameral bills to limit opaque PBM pricing practices drive the drug pricing discussion…Read More

Another Voice: Benefit managers contribute to high drug prices

The Buffalo News
If our country truly wants to lower drug prices, then it should take a long hard look at the role played by pharmacy benefit managers (PBMs)….Read More

PBM Express Scripts loses biggest client Anthem

Modern Healthcare
Express Scripts said Monday that its biggest client, Anthem, will not renew its contract with the pharmacy benefit manager after the current agreement expires at the end of 2019…Read More

In the debate over rising drug prices, both drugmakers and PBMs claim innocence

CNBC
Drug companies have pointed the finger at middlemen in the health-care system, saying they not only benefit from rising drug prices but contribute to their increases…Read More

Transparency needed on companies that manage prescription drugs

The Sacramento Bee
Here’s the reality: Those benefits are administered by the most influential segment of the health care industry that you’ve never heard of. These companies are called pharmacy benefits managers (PBM)…Read More

Another Sneaky PBM Practice Needs to End

Real Clear Health
When the nation’s largest pharmacy benefit manager (PBM) and insurance giant sued each other last year over how much each company made in profits, the curtain was raised on the oversized role PBMs play in determining what consumers pay for their prescription drugs…Read More

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

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

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