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 ...

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 ...

“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 ...

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 ...

President-elect Donald Trump pledged earlier this week that he will "knock out the middlemen," in a jab against pharmacy benefit managers (PBMs). Major health insurers Cigna (CI), UnitedHealth ...

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 ...

Mariner Wealth Advisors has struck a deal to add $292 billion in assets under advisement and about 40 employees to its institutional practice. The RIA will acquire Cardinal Investment Advisors, an ...

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 ...

However, it’s likely PBM reform will be resuscitated in Congress next year too, given Trump has expressed an interest in reining in PBMs. As for telehealth, Congress including a three-month ...

For newer coverage of the American Relief Act, 2025 package, see President signs anti-shutdown package, with no PBM provisions. A big, "must pass" House package that included new rules for ...