Pharmacy benefit accountability report
Pharmacy Benefit Managers are companies that manage prescription drug benefits on behalf of insurers. But a new report finds they may be...
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News
Dec 6, 2021
Report: PBM Gross Profits Rose 12% From 2017-2019
Pharmaceutical middlemen saw gross profits increase by 12% from 2017 to 2019, according to a report by the PBM Accountability Project ....
Dec 6, 2021
Documents reveal the secrecy of America's drug pricing matrix
American businesses spend hundreds of billions of dollars a year on prescription drugs, and the bills keep getting bigger. But some of...
Dec 3, 2021
PBMs' profit swells as sector consolidates, report shows
Pharmacy benefit managers are more profitable as the sector consolidates, new research shows... Read full story >
Dec 2, 2021
Pharmacy benefit managers are outwitting attempts at accountability, tougher rules
A new national report released Thursday details how pharmacy benefit managers recalibrated their tactics in response to government and...
Dec 2, 2021
New Report Shows PBMs Are Increasing Costs for Patients and the Health Care System
Misaligned Incentives Allowed PBM Gross Profit to Grow 12% in Just Two Years MEDIA CONTACT: Mike Kapsa 443-333-9769...
Dec 2, 2021
Paying more out of pocket for prescription drugs? Here’s what you need to know
You may have noticed the price of prescription drugs rising, leaving you to pay more out of pocket. Louisiana Independent Pharmacies...
Dec 2, 2021
Prescription drug costs rising across the U.S.
Costs of prescription drugs have been rising, making some unable to afford drugs when going to the pharmacy. Some experts say that this...
Nov 21, 2021
Evening Edition: Pharmacy Benefit Managers And Their Role In The Drug Supply Chain
If you have health insurance the chances are high that it is managed by a ‘Pharmacy Benefit Manager’. PBM’s are connectors between drug...
Aug 26, 2021
PBMs Are Feeling a Push From States to ‘Turn the Lights on’ to Their Business Practices
Support for increased scrutiny on prescription drug middlemen coming from 33 states and D.C. as federal efforts slow Read the full article >
Jul 20, 2021
Guest Opinion: Costly PBM drug pricing tactics impede the pursuit of health equity
Most everyone knows the story of Robin Hood who stole from the rich to give to the poor. But what do you call someone who picks the...
Jul 19, 2021
It’s Time for Drug Middlemen to Own Up and Pass the Savings to Consumers
An economic threat that consumers have not had to worry about for quite some time – inflation – may become a reality. From groceries to...
Jun 22, 2021
Having trouble with your prescriptions? Complaints about PBMs show that you aren’t alone
Consumers are experiencing a lot of issues, but there may be hope on the horizon. Read the full piece >
Apr 15, 2021
Cautionary tale: Plan sponsors losing manufacturer rebate dollars to PBMs through rebate aggregators
A growing number of examples of PBMs causing economic harm to plan sponsors through rebate aggregators is publicly emerging. Read the...
Jan 27, 2021
A Lehigh County, PA, audit identified $1.4M in lost savings as a result of wasteful PBM contract
"Even with substantive communication and (county-owned) data restrictions, we were able to quantify over $1.4 million in savings: During...
Dec 3, 2020
SIDE EFFECTS: An ongoing investigation on the rising costs of prescription drugs
The Dispatch has spent the past year uncovering how PBMs operate in Ohio and the rest of the country. Here's what you need to know from...
Nov 24, 2020
Ohio prescription drug costs: One huge contract for all state, local employees could save big bucks
A state panel of government, business and consumer advocates released sweeping recommendations Monday aimed at reducing consumer drug...
Aug 26, 2020
States Should Think Long-Term When Addressing Their Short-Term Fiscal Crises
Just prior to the pandemic, many states were finally recovering from the fiscal crises created by the 2007-09 recession. But, as with ...
Jun 7, 2020
In the era of COVID-19, states need practical solutions to address health care costs
The vast human and economic devastation of the coronavirus is evident in the numbers: more than 100,000 American lives lost, 1.9 million...
Jan 22, 2020
Sweeney Recommends NJ Pharmacy Benefits Manager Initiative to New Hampshire Legislature
Trenton – Senate President Steve Sweeney today recommended New Jersey’s Pharmacy Benefits Manager (PBM) initiative to New Hampshire...
Sep 2, 2019
Editorial: A reckoning is coming for PBMs
Earlier this month, a Medicare recipient with drug coverage filled a prescription at a Concord branch of a major pharmacy chain. The ...
Oct 6, 2016
Secret Rebates: Why Patients Pay $600 for Drugs That Cost $300
(Bloomberg) -- Robyn Curtis, a staff adviser at the University of Southern Mississippi in Hattiesburg, has a 13-year-old daughter with...
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