PhRMA shells out to get PBM reform over finish line
1 day ago · PBM reform is one of a handful of issues that would “arguably be more helpful to move in this environment than have to tackle again in a new political landscape next Congress,” she told PI ...
PBM And Drug Maker Rebate Game Limits Biosimilar Competition …
3 days ago · However, the rebate game played by drug manufacturers and pharmacy benefit managers in the U.S. limits optimal biosimilar competition. As a result, U.S. patient out-of-pocket costs are too high ...
One thing that won't change: PBM scrutiny - Axios
Nov 5, 2024 · And the House passed its transparency bill, which included PBM reporting requirements, with a bipartisan 320–71 vote. Driving the news: On the presidential front, Vice President Harris' economic plan includes "cracking down on pharmaceutical middlemen that increase prices by limiting competition."
Explainer: Why are US pharmacy benefit managers under fire?
Sep 20, 2024 · The U.S. Federal Trade Commission said on Friday it was suing the country's three largest pharmacy benefit managers, accusing them of abusing their power and rigging the pharmaceutical supply...
FTC Sues Prescription Drug Middlemen for Artificially Inflating …
Sep 20, 2024 · Today, the Federal Trade Commission brought action against the three largest prescription drug benefit managers (PBMs)—Caremark Rx, Express Scripts (ESI), and OptumRx—and their affiliated group pur.
Lawmakers unveil PBM reform bill amid rising drug costs
Jul 23, 2024 · The new bill joins dozens of other bipartisan efforts on the federal and state level to reform PBMs, which negotiate rebates with drug manufacturers on behalf of insurers, large employers and ...
The Powerful Companies Driving Local Drugstores Out of Business
Oct 19, 2024 · Obscure but powerful health care middlemen — companies known as pharmacy benefit managers, or P.B.M.s — had destroyed his business. This has been happening all over the country, a New York...
Why PBMs, or pharmacy benefit managers, are the focus of new ... - NPR
Jul 7, 2023 · At least nine bills introduced in Congress take aim at pharmacy benefit managers, the powerful middlemen that channel prescription drugs to patients. Here's what the fuss is all about.
House lawmakers slam pharmacy middlemen over sky-high drug …
Jul 23, 2024 · The House Committee on Oversight and Accountability heard testimony from the leaders of three pharmacy benefit managers, or PBMs, one month after the Federal Trade Commission released a scathing...
How PBMs Are Driving Up Prescription Drug Costs - The New York Times
Jun 21, 2024 · The three largest pharmacy benefit managers, or P.B.M.s, act as middlemen overseeing prescriptions for more than 200 million Americans.