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Pharmacy benefit managers serve as middlemen between drug manufacturers and insurers, employers and governments. They negotiate rebates from pharmaceutical companies, determine which medications ...
According to the Harvard Political Review, the problem with pharmacy benefit managers is that they “have vertically integrated with pharmacy chains and health insurers through massive ...
In late December, President-elect Donald Trump put pharmacy benefit managers, or PBMs, on notice. Denouncing the $557 billion industry as “horrible middlemen,” responsible for—and “rich as ...
Though Trump claimed pharmacy benefit managers make more money than drug companies, research from the University of Southern California’s Schaeffer Center for Health Policy & Economics found ...
An ongoing Federal Trade Commission study finds pharmacy benefit managers may have inflated drug costs while squeezing independent pharmacies, enriching some of the largest companies in the U.S ...
Under these laws, pharmacy benefit managers with contracts to Health care service plans are required by law to be registered with the Department of Managed Health Care to disclose information. [58] SB 966: Pharmacy benefits. SB 966: Pharmacy benefits is a California state bill written by state senators Aisha Wahab and Scott Weiner. It is ...
The Federal Trade Commission took action Friday against the nation’s three largest pharmacy benefit managers, accusing the companies of artificially inflating insulin list prices that resulted ...
(The Center Square) – A bipartisan group of lawmakers wants to lower prescription drug prices by banning joint ownership of pharmacy benefit managers and pharmacies. An association representing ...