#pharmacy-benefit-managers

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#drug-pricing

FTC goes after drug middlemen for allegedly jacking up insulin prices

The FTC is suing three PBMs for allegedly inflating insulin prices, impacting many Americans reliant on the drug.

Drug middlemen illegally drive up the cost of insulin, FTC says

Federal regulators accuse major pharmacy benefit managers of driving up insulin costs and limiting access to cheaper versions, impacting millions of diabetes patients.

How a duty to spend wisely on worker benefits could loosen PBMs' grip on drug prices

A former J&J advocate is suing her employer over high drug costs due to its contract with a pharmacy benefit manager.
The lawsuit shines light on the financial impacts of PBM relationships on employees.

LETTER: Congress should launch immediate reforms of Pharmacy Benefit Managers

Affordability in healthcare is critically impacted by Pharmacy Benefit Managers' control over drug pricing.

The Big 3 PBMs are Countersuing the FTC. Does Their Argument Have Any Teeth? - MedCity News

Pharmacy Benefit Managers are fighting the FTC's lawsuit to maintain their practices amid accusations of anticompetitive behavior regarding insulin.

The FTC Released a Scathing Interim Report on PBMs. What's Next? - MedCity News

The FTC's investigation on PBMs reveals market concentration and profit generation issues, impacting drug costs and independent pharmacies negatively.

FTC goes after drug middlemen for allegedly jacking up insulin prices

The FTC is suing three PBMs for allegedly inflating insulin prices, impacting many Americans reliant on the drug.

Drug middlemen illegally drive up the cost of insulin, FTC says

Federal regulators accuse major pharmacy benefit managers of driving up insulin costs and limiting access to cheaper versions, impacting millions of diabetes patients.

How a duty to spend wisely on worker benefits could loosen PBMs' grip on drug prices

A former J&J advocate is suing her employer over high drug costs due to its contract with a pharmacy benefit manager.
The lawsuit shines light on the financial impacts of PBM relationships on employees.

LETTER: Congress should launch immediate reforms of Pharmacy Benefit Managers

Affordability in healthcare is critically impacted by Pharmacy Benefit Managers' control over drug pricing.

The Big 3 PBMs are Countersuing the FTC. Does Their Argument Have Any Teeth? - MedCity News

Pharmacy Benefit Managers are fighting the FTC's lawsuit to maintain their practices amid accusations of anticompetitive behavior regarding insulin.

The FTC Released a Scathing Interim Report on PBMs. What's Next? - MedCity News

The FTC's investigation on PBMs reveals market concentration and profit generation issues, impacting drug costs and independent pharmacies negatively.
moredrug-pricing
#healthcare-reform

Newly-signed law will give patients more access to medicines and information

New law removes 'gag clause' for pharmacists, enhancing transparency on medication pricing and accessibility.

How Did Provider Groups React to Congress' End-of-Year Healthcare Package? - MedCity News

Congress' funding bill introduces key healthcare reforms targeting pharmacy benefit managers, telehealth access, and payment increases for hospitals and physicians.

Newly-signed law will give patients more access to medicines and information

New law removes 'gag clause' for pharmacists, enhancing transparency on medication pricing and accessibility.

How Did Provider Groups React to Congress' End-of-Year Healthcare Package? - MedCity News

Congress' funding bill introduces key healthcare reforms targeting pharmacy benefit managers, telehealth access, and payment increases for hospitals and physicians.
morehealthcare-reform
#patient-safety

It's Not Just Big Pharma: Meet the Middlemen Blocking Access to Medication

Pharmacy benefit managers (PBMs) are largely unregulated and significantly impact the access and cost of medications for patients.

Report Finds Pharmaceutical Companies Took Secret Money for Unrestricted Opioid Prescriptions

The opioid crisis highlights corporate corruption and the failures of a for-profit healthcare system that prioritizes profits over patient safety.

It's Not Just Big Pharma: Meet the Middlemen Blocking Access to Medication

Pharmacy benefit managers (PBMs) are largely unregulated and significantly impact the access and cost of medications for patients.

Report Finds Pharmaceutical Companies Took Secret Money for Unrestricted Opioid Prescriptions

The opioid crisis highlights corporate corruption and the failures of a for-profit healthcare system that prioritizes profits over patient safety.
morepatient-safety
#healthcare

The Powerful Companies Driving Local Drugstores Out of Business

Pharmacy benefit managers are driving small pharmacies out of business, severely impacting rural healthcare access.

UnitedHealth, CVS, and Cigna stock prices take another hit after Trump says he's going to 'knock out' drug industry middlemen

Trump's comments about pharmacy benefit managers led to significant stock declines for major healthcare companies.

F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices

The FTC is taking action against major pharmacy benefit managers for inflating insulin prices and harming consumers.

The FTC Is Suing PBMs Over Insulin Prices. Will It Be Successful? - MedCity News

The FTC is suing major pharmacy benefit managers for unfair practices affecting insulin prices and patient access.

Roundtable held to lower drug costs, reform rules on middlemen

Malliotakis hosts a roundtable addressing high prescription drug costs and PBM practices impacting independent pharmacies.

CVS Health shares rise as hedge fund pushes for change

CVS shares rose 2% after news of a meeting with investor Glenview Capital Management proposing improvements.

The Powerful Companies Driving Local Drugstores Out of Business

Pharmacy benefit managers are driving small pharmacies out of business, severely impacting rural healthcare access.

UnitedHealth, CVS, and Cigna stock prices take another hit after Trump says he's going to 'knock out' drug industry middlemen

Trump's comments about pharmacy benefit managers led to significant stock declines for major healthcare companies.

F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices

The FTC is taking action against major pharmacy benefit managers for inflating insulin prices and harming consumers.

The FTC Is Suing PBMs Over Insulin Prices. Will It Be Successful? - MedCity News

The FTC is suing major pharmacy benefit managers for unfair practices affecting insulin prices and patient access.

Roundtable held to lower drug costs, reform rules on middlemen

Malliotakis hosts a roundtable addressing high prescription drug costs and PBM practices impacting independent pharmacies.

CVS Health shares rise as hedge fund pushes for change

CVS shares rose 2% after news of a meeting with investor Glenview Capital Management proposing improvements.
morehealthcare

Drugmakers Paid PBMs Not to Restrict Opioid Prescriptions

Pharmacy benefit managers delayed action on the opioid crisis due to financial incentives from drug manufacturers, exacerbating the epidemic.
#healthcare-legislation

Congress Introduces Bills to Break Up UnitedHealth Group

Congress is advancing bills to dismantle major insurance monopolies following Brian Thompson's murder, reflecting significant public outrage towards the healthcare system.

Bipartisan Lawmakers Seek to Break Up Giant Health Care Conglomerates

New bipartisan legislation seeks to prevent health insurers from owning pharmacies, targeting the monopolistic power of pharmacy benefit managers.
If enacted, this legislation could disrupt the current healthcare market dominated by a few conglomerates. The effort highlights ongoing concerns about drug pricing and transparency.

Senators, Representatives Introduce Bill That Would Ban Joint Ownership of PBMs and Pharmacies - MedCity News

The Patients Before Monopolies Act seeks to divest PBMs from pharmacy ownership to prevent conflicts of interest and reduce drug costs.

Congress Introduces Bills to Break Up UnitedHealth Group

Congress is advancing bills to dismantle major insurance monopolies following Brian Thompson's murder, reflecting significant public outrage towards the healthcare system.

Bipartisan Lawmakers Seek to Break Up Giant Health Care Conglomerates

New bipartisan legislation seeks to prevent health insurers from owning pharmacies, targeting the monopolistic power of pharmacy benefit managers.
If enacted, this legislation could disrupt the current healthcare market dominated by a few conglomerates. The effort highlights ongoing concerns about drug pricing and transparency.

Senators, Representatives Introduce Bill That Would Ban Joint Ownership of PBMs and Pharmacies - MedCity News

The Patients Before Monopolies Act seeks to divest PBMs from pharmacy ownership to prevent conflicts of interest and reduce drug costs.
morehealthcare-legislation

It's Not Just Denied Claims. Insurance Firms Are Hiring Middlemen to Deny Meds.

Protests arise over health care denial issues, highlighting frustrations with profit-driven insurance, particularly after the assassination of UnitedHealthcare's CEO.
The role of pharmacy benefit managers (PBMs) in escalating drug costs remains largely unexamined by the public, despite their significant impact.
#healthcare-access

Federal Trade Commission Sues Big Pharma Middlemen for Inflating Insulin Prices

The FTC is legally challenging major pharmacy benefit managers for inflating insulin prices and blocking patient access to cheaper drugs.

Independent pharmacies say they're being squeezed by shadowy middlemen tied to big health chains

Independent pharmacists face existential threats from pharmacy benefit managers that steer patients away and impose high fees, jeopardizing community healthcare.

Pharmacy Benefit Managers Aren't Always Good for Pharmacies

Pharmacy deserts are emerging in the U.S. as independent pharmacies close due to the practices of pharmacy benefit managers.

Letters: Restrain PBMs

Congress must act to regulate pharmacy benefit managers (PBMs) to protect patient access to medications and support independent pharmacies.

Federal Trade Commission Sues Big Pharma Middlemen for Inflating Insulin Prices

The FTC is legally challenging major pharmacy benefit managers for inflating insulin prices and blocking patient access to cheaper drugs.

Independent pharmacies say they're being squeezed by shadowy middlemen tied to big health chains

Independent pharmacists face existential threats from pharmacy benefit managers that steer patients away and impose high fees, jeopardizing community healthcare.

Pharmacy Benefit Managers Aren't Always Good for Pharmacies

Pharmacy deserts are emerging in the U.S. as independent pharmacies close due to the practices of pharmacy benefit managers.

Letters: Restrain PBMs

Congress must act to regulate pharmacy benefit managers (PBMs) to protect patient access to medications and support independent pharmacies.
morehealthcare-access
#drug-rebates

Employers haven't a clue how their drug benefits are managed

Employers lack understanding of what PBMs do with drug rebates, highlighting a need for greater transparency.

Video: Why the FTC's Lawsuit Against PBMs May Have Some Legs - MedCity News

The FTC alleges that pharmacy benefit managers inflate insulin prices through rebate programs, harming patients financially.

Employers haven't a clue how their drug benefits are managed

Employers lack understanding of what PBMs do with drug rebates, highlighting a need for greater transparency.

Video: Why the FTC's Lawsuit Against PBMs May Have Some Legs - MedCity News

The FTC alleges that pharmacy benefit managers inflate insulin prices through rebate programs, harming patients financially.
moredrug-rebates
#healthcare-costs

FTC sues insulin middlemen, saying they pocket billions while patients face high costs

The FTC is targeting pharmacy benefit managers to address high insulin costs, which have shot up by 600% over two decades, impacting diabetic patients.

Video: Besides, Pharma and PBMs, Who Drives Up Drug Costs? - MedCity News

Bipartisan scrutiny highlights the complexities of prescription drug pricing, implicating pharmacy benefit managers, Big Pharma, distributors, and hospitals in driving costs up.

The Opaque Industry Secretly Inflating Prices for Prescription Drugs

Pharmacy benefit managers often go unnoticed but significantly contribute to the rising costs of prescription drugs for millions of Americans.

Hospitals and PBMs seem to have dodged big federal reforms - for now

Hospitals and pharmacy benefit managers avoided major federal reforms in the recent congressional spending deal.
The lack of big policy changes could potentially lead to higher health costs for patients.

FTC sues insulin middlemen, saying they pocket billions while patients face high costs

The FTC is targeting pharmacy benefit managers to address high insulin costs, which have shot up by 600% over two decades, impacting diabetic patients.

Video: Besides, Pharma and PBMs, Who Drives Up Drug Costs? - MedCity News

Bipartisan scrutiny highlights the complexities of prescription drug pricing, implicating pharmacy benefit managers, Big Pharma, distributors, and hospitals in driving costs up.

The Opaque Industry Secretly Inflating Prices for Prescription Drugs

Pharmacy benefit managers often go unnoticed but significantly contribute to the rising costs of prescription drugs for millions of Americans.

Hospitals and PBMs seem to have dodged big federal reforms - for now

Hospitals and pharmacy benefit managers avoided major federal reforms in the recent congressional spending deal.
The lack of big policy changes could potentially lead to higher health costs for patients.
morehealthcare-costs

FTC Sues CVS, Cigna, UnitedHealth over insulin prices

The FTC is suing major pharmacy benefit managers for illegal rebate practices that have dramatically increased insulin prices paid by consumers.

Letters: A good example

Accountability in leadership is crucial, as demonstrated by Supervisor Sylvia Arenas' stance on the child welfare agency's failures.
#prescription-drugs

Wells Fargo employees sue for overpaying for prescription drugs through the company's health insurance plan

Wells Fargo accused of mismanaging employee health plan, overcharging for drugs.

These Middlemen Say They Keep Drug Prices Low. California Lawmakers Don't Buy It | KQED

Prescription drug costs in California surged 39% in five years, prompting calls for regulatory action to protect patients.

CA Lawmakers Skeptical that Pharma Managers Will Look Out for Consumers

California is seeking to regulate pharmacy benefit managers to control rising prescription drug costs, driven by intermediaries' profit-driven practices.

Wells Fargo employees sue for overpaying for prescription drugs through the company's health insurance plan

Wells Fargo accused of mismanaging employee health plan, overcharging for drugs.

These Middlemen Say They Keep Drug Prices Low. California Lawmakers Don't Buy It | KQED

Prescription drug costs in California surged 39% in five years, prompting calls for regulatory action to protect patients.

CA Lawmakers Skeptical that Pharma Managers Will Look Out for Consumers

California is seeking to regulate pharmacy benefit managers to control rising prescription drug costs, driven by intermediaries' profit-driven practices.
moreprescription-drugs

Who Is Responsible for the High Cost of Prescription Drugs? One Advocate Weighs In - MedCity News

Pharmaceutical companies and pharmacy benefit managers play a significant role in driving up prescription drug costs in the U.S.
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