How Pharmacy Benefit Managers Are Harming Patients—and What Policymakers Can Do About It
The Century Foundation Author: Thomas Waldrop , Fellow Earlier this year, the Federal Trade Commission (FTC) announced that it had begun...
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IPMD
3 min read
The Costly Failures Of Medicine’s Middlemen
Forbes Robert Pearl, M.D. Forbes Contributor The American medical system has become undeniably complex, a far cry from the days when...
IPMD
3 min read
PBM Math: Big Chains Are Paid $23.55 To Fill a Blood Pressure Rx. Small Drugstores? $1.51
KFF Health News Reporter: Andy Miller While customers at Adams Family Pharmacy picked up their prescriptions on a hot summer day, some...
IPMD
2 min read
Employers Haven’t a Clue How Their Drug Benefits Are Managed
KFF Health News Reporter: Arthur Allen Most employers have little idea what the pharmacy benefit managers they hire do with the money...
IPMD
2 min read
Senators Call on FTC to Investigate PBM Co-Manufacturing Tactic
Senators Ron Wyden and Sherrod Brown wrote a letter to the Federal Trade Commission calling to explore yet another PBM tactic impeding...
IPMD
2 min read
Federal Trade Commission sues largest drug middlemen for allegedly inflating insulin prices
CNN Reporter: Tami Luhby , CNN The Federal Trade Commission took action Friday against the three largest pharmacy benefit managers,...
IPMD
12 min read
It’s Not Just Big Pharma: Meet the Middlemen Blocking Access to Medication
Pharmacy benefit managers have massive control over people’s medications, but a growing movement is pushing for reform. Truthout...
IPMD
2 min read
Higher Drug Costs, Less Choice: How PBMs Affect Everyday Americans’ Healthcare
Forbes The nation’s attention remains fixed on pharmacy benefit managers. Following a series of House Oversight Committee meetings on...
IPMD
3 min read
Drug middlemen say Pharma sets prices. Then why do middlemen have hundreds for the same drug?
Ohio Capital Journal Pharmacy middlemen known as pharmacy benefit managers deny claims that they’re responsible for the inflating cost of...
IPMD
5 min read
Feds poised to sue pharmacy gatekeepers over high drug costs
The FTC action would target often high costs by trying to curb rebates it says drug makers pay to steer patients to their brand name...
IPMD
3 min read
Pharmacy benefit managers profit at expense of patients and small pharmacies, FTC says
Pharmacy benefit managers may raise the prices of prescription drugs at the pharmacy counter, the Federal Trade Commission found. CNN...
IPMD
2 min read
Maryland could cap prices for Ozempic and other diabetes drugs
A state board picked those products and two others for reviews that could lead to "upper payment limits." ALM Benefits Pro The Maryland...
IPMD
8 min read
Pa. legislators passed a law to regulate pharmacy middlemen. But the state doesn’t enforce it.
Pharmacy benefit managers often conduct ‘fraud, waste and abuse investigations’ that find clerical errors Pennsylvania Capital Star In...
IPMD
4 min read
3Axis Report Scrutinizes PBM Spread Pricing Practice
The 3Axis Advisors analysis suggests PBMs’ spread pricing practices leads to employers being charged different amounts for the same...
IPMD
3 min read
Op-Ed: Health care middlemen don’t benefit NJ patients or pharmacists
Pharmacy benefit managers ‘use practices that create access barriers for patients and administrative challenges for pharmacists’ NJ...
IPMD
16 min read
The Opaque Industry Secretly Inflating Prices for Prescription Drugs
Pharmacy benefit managers are driving up drug costs for millions of people, employers and the government. The New York Times Americans...
IPMD
4 min read
Navarro Announces Completion of First Pharmacy Benefit Manager Exams
Efforts to protect consumers and independent pharmacies, and lower pharmaceutical costs continue Delaware News | Office of the Insurance...
IPMD
4 min read
UnitedHealth Group CEO takes bipartisan heat in Senate hearing over cyberattack
The Hill UnitedHealth Group CEO Andrew Witty took fire from both sides of the aisle Wednesday during his testimony before the Senate...
IPMD
2 min read
Chains Feeling the Squeeze
It’s time for the folks in Washington to stop paying lip service to the problem and pass legislation that will rein in the PBMs. Pharmacy...
IPMD
3 min read
David Balto: End the link between PBMs and drug prices
Waco Tribune-Herald It’s not a secret that our prescription drug pricing system is broken. To address the root of the problem, the Biden...
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