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...
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.
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 ...
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.
How FTC's Battle With PBMs Could Reshape The Pharmaceutical ... - Forbes
Jul 20, 2024 · The FTC’s investigation of PBMs marks a pivotal moment in the ongoing effort to reform the healthcare industry and ensure that it serves the best interests of patients.
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 are US pharmacy benefit managers under fire? | Reuters
WASHINGTON, April 16 (Reuters) - Pharmacy benefit managers (PBMs) are in the crosshairs of Republicans and Democrats in Congress but have so far dodged any new litigation or reforms that had been...
Pharmacy Benefit Managers Under Pressure To Reform For Years ... - Forbes
Aug 4, 2024 · The PBM leaders defended their organizations, saying they work to lower prescription drug costs by negotiating with drug makers and managing pharmacy benefits on behalf of health plans and...
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.
One thing that won't change: PBM scrutiny - Axios
6 days ago · 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."