Policy & Sector Insights
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Mar 28, 2017
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 -
Mar 28, 2017
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 -
Mar 17, 2017
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 -
Mar 15, 2017
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. -
Mar 3, 2017
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 -
Mar 3, 2017
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 -
Aug 26, 2016
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
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Jun 24, 2016
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 -
May 29, 2016
Drug legislation would protect elderly: Letter
The Clarion-Ledger
It’s no secret the cost of prescription drugs is an issue debated in communities across the country. Part of this national debate includes the cost of drugs made available to seniors through the Medicare Part D benefit, which is why I’d like to thank Congressman Gregg Harper for supporting the bipartisan MAC Transparency Act (H.R. 244)…Read More
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