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(The Center Square) – Legislators in Washington, D.C., have taken a number of steps over the past few days to push for insurance and pharmaceutical reforms to be passed before the end of the year.
WASHINGTON (Reuters) - Pharmacy benefit managers (PBMs) are in the crosshairs of Republicans and Democrats in Congress but have so far dodged any new litigation or reforms that had been targeted ...
Pharmacy Benefit Managers, or PBMs, act as a sort of middleman between insurance agencies, employers that pay for employee health plans and pharmacies for facilitation fees. They also regulate ...
The Knox-Keene Health Care Service Plan Act of 1975 is a set of Californian laws that regulate Healthcare Service Plans. 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
PBMs have used various strategies over the years to squeeze independent pharmacies, and these tactics are on the rise as the federal government takes aim at reigning in the notorious middlemen.
1 Edits by PBMs. 2 comments. 2 List of Pharmacy benefit managements. 2 comments. 3 The PBMs have no incentive to reduce costs. 1 comment. 4 unsourced. 1 comment.
Businesses hire pharmacy benefit managers to lower their prescription drug costs, but pharmacy benefit managers have emerged as a target for lawmakers as drug prices increase. Pharmacy benefit ...
Medicare Prescription Drug, Improvement, and Modernization Act; Long title: An act to amend title XVIII of the Social Security Act to provide for a voluntary prescription drug benefit under the medicare program and to strengthen and improve the medicare program, and for other purposes.