The J&J lawsuit should serve as a wake-up call for employers deciding who will manage their health benefits: There's an urgent need to shift their approach in PBM evaluation and selection.

One that would replace PBM fees that are tied to a percentage of drug prices with flat fees; Another that would require Medicare to create standard performance measures on which PBMs base pharmacy ...

The PBM currently has 3.7 million enrollees compared to 3.5 million a year ago, Rite Aid confirmed. Rite Aid, which has more than 2,400 stores in 18 states, ...

A PBM is an entity that acts as a middleman between insurance companies and drugmakers. There are three major PBMs in America, run by UnitedHealth Group, Cigna Group, and CVS Health Corporation.

Senate Democrats on Thursday are introducing as standalone legislation a package of health policies, including changes to the pharmacy benefit manager (PBM) industry that was left out of December ...

RELATED: Startup aims to be a 'no-compromises' PBM, but the market may need convincing “Emsana Health and its first business unit, EmsanaRx, are a natural outgrowth of PBGH’s 30-plus years of ...

The Senate Health, Education, Labor and Pensions Committee quickly advanced several generic drug bills. The PBM reform bill advanced by a vote of 18 to 3, with Sens. Mitt ...

SOUTHBOROUGH, Mass.--(BUSINESS WIRE)--nirvanaHealth surpasses expectations and implements payer platform, PBM platform, and associated services for HealthTeam Advantage (“HTA”), a 5-Star ...

This is to prohibit a PBM from directly or indirectly having ownership in a pharmacy or retail pharmacy, said Harshbarger. We’re not trying to get rid of it and close pharmacies, whether they ...

CVS Health backs Trump's drug pricing efforts, blames big pharma for high costs, and highlights PBM savings amid scrutiny of healthcare middlemen. Providence Business First.

Pharmacy Lawyers See Promise in NY Regulator's Curbs on PBM Industry 6 minute read November 22, 2024. By. Brian Lee. Email. Share. Print (l-r) Jonathan L. Swichar, Marina Plotkin, and Lucas Morgan.