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News
Sep 23, 2024
PBM Accountability Project Statement on FTC Legal Action Against “The Big 3” PBMs
The Federal Trade Commission last week filed a suit accusing the three largest pharmacy benefit managers, or PBMs, of using their market...
Sep 20, 2024
FTC sues pharmacy insurance managers, alleging unfair drug prices
The Federal Trade Commission sued the three dominant pharmacy-benefit managers in the United States, alleging they inflated the cost of...
Sep 20, 2024
F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices
The case takes aim at the major pharmacy benefit managers, agency officials said, claiming that they favored more expensive insulin...
Sep 11, 2024
Medicare’s addiction to disconnected drug prices
Prescription drug prices in the U.S. receive a lot of attention. Some of it is academic, such as comparisons amongst how we measure drug...
Sep 10, 2024
New AMA analysis of consolidation in PBM markets
The American Medical Association (AMA) today published its new annual analysis (PDF) of pharmacy benefit manager (PBM) markets...
Sep 6, 2024
Pharmacy Benefit Managers: Not Campaign Fodder So Far. But the Push for Reform May Be Gaining Traction
It is a safe bet that pharmacy benefit managers (PBMs) aren’t going to become a big issue in the presidential election. PBMs are still...
Aug 24, 2024
The Biden-Harris Administration Must Side With Patients Against Big Insurers' Illegal Greed
President Joe Biden, Vice President Kamala Harris, and U.S. Department of Health and Human Services Secretary Xavier Becerra have a...
Aug 19, 2024
PBMs are Misleading America
As Congress investigates the pharmacy benefit manager (PBM) problem, these middlemen corporations continue steering patients away from...
Aug 16, 2024
Parties Agree — Lawmakers Need to Stop Drug Price Manipulation
The evidence against pharmacy benefit managers, or PBMs, has been piling up. Congress and multiple state legislatures have held hearings...
Aug 8, 2024
Untangling The $500 Billion PBM Web: The Opaque Relationship Between Employers And Drug Middlemen
On the heels of the FTC’s investigation into pharmacy benefit managers for what many regard as anti-competitive business practices, legal...
Aug 1, 2024
National Poll of Likely 2024 Voters Shows Strong Bipartisan Support for Specific PBM Reform Policies and Candidates Who Support Them
Likely Voters Want Policies to Require PBM Middlemen to Provide Value, Lower Out-of-Pocket Prescription Drug Costs Washington, DC – On...
Jul 26, 2024
Drug middlemen say Pharma sets prices. Then why do middlemen have hundreds for the same drug?
Pharmacy middlemen known as pharmacy benefit managers deny claims that they’re responsible for the inflating cost of medicine. They say...
Jul 23, 2024
PBM Accountability Project Members Host Important PBM Discussion on Capitol Hill
On Wednesday, July 9, the National Community Pharmacists Association (NCPA) and Coalition of State Rheumatology Organizations (CSRO) –...
Jul 23, 2024
House hearing keeps pressure on PBM practices while Congress considers reforms
The hearing keeps attention on PBM reforms as Congress nears the period between elections in November and when newly elected officials...
Jul 23, 2024
Medication middlemen face bipartisan criticism as Congress eyes industry reforms
Executives from three of the largest pharmacy benefit managers (PBMs) pushed back against bipartisan criticism during a House Oversight...
Jul 10, 2024
PBM Accountability Project Statement on FTC Interim Report on PBMs
The Federal Trade Commission on July 9 issued its interim report on prescription drug middlemen known as pharmacy benefit managers or...
Jul 9, 2024
F.T.C. Says Middlemen Appear to Be Driving Up Drug Prices
In a report, the regulator sharply criticized pharmacy benefit managers, a reversal from its longstanding hands-off approach to policing...
Jul 9, 2024
Big Pharmacy-Benefit Managers Increase Drug Costs, FTC Says
Investigation finds firms, which are supposed to control spending, have overcharged for cancer drugs and taken other steps raising costs...
Jul 9, 2024
FTC report finds PBMs profit at the expense of patients and independent pharmacies
In stark terms, the Federal Trade Commission found in a report released Tuesday that pharmacy benefit managers — the opaque middlemen in...
Jun 25, 2024
Mail-Order Drugs Were Supposed to Keep Costs Down. It’s Doing the Opposite.
One employer was paying about $100 for a prescription for a generic antidepressant, though it could be bought elsewhere for about $12 A...
Jun 21, 2024
New York Times Investigation Shows PBMs Rip Off Just About Everyone
The New York Times has published a detailed investigation into how middlemen pharmacy benefit managers (PBMs) drive up drug costs for...
Jun 12, 2024
Watch: How pharmacy benefit managers influence drug pricing
This is Part 2 of “Behind the Counter,” an in-depth video series demystifying the complex world of patents and drug pricing. Watch here >
Jun 12, 2024
Watch: The role of PBMs, patents, and public health in drug pricing
This is Part 1 of “Behind the Counter,” an in-depth video series demystifying the complex world of patents and drug pricing. Watch here >
Jun 12, 2024
Bipartisan bill will bring prescription drug costs down (opinion)
Imagine going to the doctor and being told you have a life-threatening condition that can only be treated with a daily dose of...
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