But beneath the surface of this public scrutiny lies the biggest threat to the traditional PBM structure, one that signals a quiet shift in the market: changing demands from employers, unions ...
A bipartisan, bicameral group of lawmakers is calling on the Federal Trade Commission (FTC) to vote in favor of releasing an interim staff report on pharmacy benefit managers (PBM). Sens.
The pharmacy profession is under siege. Community pharmacies (independent and chain) are closing at an alarming rate, leaving countless communities without access to essential medications and care.
The case could redefine state authority over PBM regulations, potentially lowering costs and allowing more flexible drug benefit plans. A ruling in favor of ERIC may set a legal precedent on state ...
House Republicans have abandoned language to rein in the pharmacy benefit manager (PBM) industry from a new government funding bill released late Thursday. Leaders earlier this week agreed to PBM ...
We will continue to leverage our extensive pharmacy expertise and top-rated PBM partnerships to ensure our clients receive exceptional value and results." Pharmacy benefits are layered in complexity.
“PBM tactics inflate American’s prescription drug costs, force pharmacy closures, and block access to Americans’ pharmacies of choice. The work done by Congress in the 118th Congress and in ...
Currently, PBMs frequently retain a percentage of rebates paid to them by pharmaceutical companies in return for placing their drugs on the PBM’s formulary. The higher the list price of a drug ...
Based on conversations with industry expects, the Act, while incremental, does not include any adverse new ideas that would materially harm PBM profits, and the text allows enough room and time ...
WASHINGTON — House Republicans have abandoned an effort to include reforms to pharmacy benefit managers in an end-of-year bill to fund the federal government. Congressional leaders had reached ...
Ron Wyden says Elon Musk, an advisor to President Donald Trump who's on track to lead a new Department of Government Efficiency, pushed the PBM provisions out of the package. The new American ...
One section would require a PBM serving a large fully insured or large self-insured employer health plan to pass 100% of any prescription drug rebates or other discounts on to an employer plan's ...