LITTLE ROCK, Ark. — High drug costs and struggling local pharmacies have become critical challenges for Arkansans. That reality is the very reason that's prompting lawmakers to take action ...

The association says pharmacy benefit managers (PBM’s) are to blame. They were originally created to mediate pharmacies and healthcare companies. However, the Iowa Pharmacy Association calls ...

CVS Health owns Caremark and Cordavis, and its PBM's formulary contains a Cordavis-branded biosimilar. "Confusing? Absolutely. Profitable for the PBMs? Certainly. Good for plan sponsors and patients?

As PBM services have traditionally been dominated by large companies such as CVS Caremark, Express Scripts and OptumRx, health systems are starting to create alternatives. Here are four more ...

Oklahoma Attorney Gentner Drummond filed his first lawsuit under the state’s new pharmacy benefit management statutes on Thursday when he announced he is suing CVS Caremark for “multiple ...

“The central question here is whether the PBM industry should continue to be able to take income from both the manufacturer and the buyer.” The complexity of the business and the lack of ...

Douglas Hoey, said in a statement, “PBM reform would rein in the big health insurance lobby, save taxpayers $5 billion, and throw a lifeline to the thousands of small, family-owned pharmacies ...

Lawmakers ended 2024 on the cusp of passing a significant health package, including changes to the pharmacy benefit manager (PBM) industry payments to community health centers, a rollback of ...

This remarkable stability is attributable to PBMs. The PBM business model dictates that they are adversaries to drug manufacturers and pharmacies. PBMs affect the revenues of branded drug ...

The legislation comes amid growing scrutiny of PBM practices. In September 2023, the Federal Trade Commission (FTC) sued the nation's three largest PBMs, alleging their rebate practices ...

There’s a lot to criticize about the last-minute process that left the Massachusetts Legislature passing 110 pages of complex health care legislation the night before New Year’s Eve.