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News
Apr 4, 2023
‘True disruption’: Mark Cuban’s company will sell brand-name diabetes medicines from J&J
For the first time, Mark Cuban’s Cost Plus Drug Company is selling medicines made by a large drug manufacturer directly to consumers at a...
Apr 4, 2023
Podcast: Spotting Anticompetitive Conduct in Pharma Supply Chain, with Antonio Ciaccia
46brooklyn is a group of pharmacy experts who set out to educate others about what they had learned about the frustrating complexity of...
Apr 3, 2023
Video: PBMs Face Criticism at Recent Hearing
The Senate Finance Committee held a hearing on March 30 to discuss how pharmacy benefit managers (PBMs) affect patients and taxpayers....
Apr 2, 2023
PBMs Are Again In The Crosshairs Of Congress & The FTC: Action To Reform Drug Pricing Increasingly
The pressure on pharmacy benefit managers (PBMs) is ramping up. Both Congress and the Federal Trade Commission (FTC) are probing alleged...
Mar 31, 2023
Senate Finance Committee lobs more bipartisan pressure onto PBMs
Congress is honing in on how it wants to overhaul the rules of the road for pharmacy benefit managers, with a Senate Finance Committee...
Mar 31, 2023
In healthcare, middlemen are running amok
Reduced competition, shortages, and unaffordable options in healthcare are symptoms of middlemen running amok. These middlemen are the...
Mar 31, 2023
How Pharmacy Benefit Managers Steal 340B Savings
Unfortunately for Americans, consolidation in the healthcare industry has neither reduced costs nor improved clinical outcomes. 340B...
Mar 30, 2023
National Poll Shows Overwhelming Support for Congressional Efforts to Hold PBMs Accountable
Bipartisan Respondents Strongly Favor Policies that Require PBMs to Provide Value and Lower Drug Costs Washington, DC – With pharmacy...
Mar 30, 2023
Capital Rx exec to senators: Here's how to fix the PBM industry
While calls to “start over again” and “blow up the whole model” seasoned today’s meeting of the Senate Finance Committee investigating...
Mar 28, 2023
Opinion How to save patients money by ending one type of insurance coverage
Even if they have health insurance, Americans routinely face surprisingly high charges at the pharmacy counter. A radical-sounding...
Mar 27, 2023
PBM Accountability Project Statement on Senate Commerce Committee Progress on PBM Transparency Act
Mark Blum, Managing Director of the PBM Accountability Project, issued a statement about the Senate Commerce Committee progress on the...
Mar 9, 2023
The Era of Rebate Rip-offs Is Over (Maybe)
Eli Lilly & Co. is cutting the list prices for Humalog and Humulin, its two biggest-selling insulin products by 70%. The price cuts will...
Mar 1, 2023
Drug-Prices Investigation Focused on Middlemen Opens in Congress
House Republicans have launched an investigation into the companies that manage drug benefits, dialing up the scrutiny of the middlemen...
Feb 28, 2023
Video: Senators Criticize PBMs at Recent Hearing
The Senate Commerce Committee held a hearing on Feb. 16 to discuss how pharmacy benefit managers (PBMs) impact patients and community...
Feb 17, 2023
Senate Committee Puts PBMs Under the Microscope
Pharmacy benefit managers (PBMs) -- middlemen between pharmacies, health insurers, and drug companies -- are responsible for driving up...
Feb 17, 2023
'In the crosshairs': PBM reform effort intensifies on Capitol Hill
The drumbeat of calls to enact reforms to pharmaceutical middlemen is growing louder after years of largely unsuccessful attempts by...
Feb 17, 2023
PBMs Get Heavy Dose of Criticism at Senate Hearing
Pharmacy benefit managers (PBMs) came under some harsh attacks and critiques today at a Senate hearing about legislation that would add...
Feb 17, 2023
Senate begins quest to demystify PBMs' practices as it mulls legislation
The Senate Commerce Committee today held a hearing in which members on both sides of the aisle raised questions about the practices of...
Feb 16, 2023
Chairman of the Board Response to U.S. Senators’ Efforts to Hold PBMs Accountable
Doug Dority, Chairman of the Board of the PBM Accountability Project penned a letter to Senators Maria Cantwell and Chuck Grassley in...
Feb 16, 2023
Senators question why PBMs 'even exist' in heated hearing amid push for reform
Senators pilloried the lack of transparency from pharmacy benefit managers during a hearing Thursday, as lawmakers hope to pass reforms...
Feb 16, 2023
Tough day for PBMs
It's never pleasant for your industry when senators are publicly musing at a hearing about whether your companies should exist, but...
Feb 15, 2023
How 3 companies came to dominate the PBM market
When you think of industries dominated by a few powerful players (*cough* tech *cough*), the pharmacy benefit manager (PBM) industry...
Feb 14, 2023
Mark Cuban Assails PBMs at AAM meeting
Mark Cuban made scathing, profanity-laced remarks about pharmacy benefit managers (PBMs) and heaped praised on drug manufacturers...
Feb 14, 2023
Health care giant Centene settles with another state, California
Medicaid managed-care giant Centene has agreed to pay California $215 million to settle a drug-pricing scandal related to one that was...
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