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PBMs are designed to aggregate the collective buying power of enrollees through their client health plans, enabling plan sponsors and individuals to obtain lower prices for their prescription drugs. PBMs negotiate price discounts from retail pharmacies, rebates from pharmaceutical manufacturers, and mail-service pharmacies which home-deliver ...
A prohibition on PBMs getting rebates based on a drug's Medicare list price was at one point included in a late-2024 stopgap measure aimed at averting a partial government shutdown, but was later ...
2 List of Pharmacy benefit managements. 2 comments. 3 The PBMs have no incentive to reduce costs. 1 comment. 4 unsourced. 1 comment. 5 Discount prescription cards for ...
Pharmacy benefits managers (PBMs) are employing new strategies to squeeze independent pharmacies, even as the industry faces pressure from the federal government, which is looking for ways to curb ...
Linda Cahn is the founder and president of a nationwide consulting firm, Pharmacy Benefit Consultants. The firm assists corporations, unions, government entities and insurance companies in improving their prescription coverage benefits and decreasing their prescription coverage costs.
When a drug is on the FDA’s shortage list, compounded versions of it become legal. Since 2022, there’s been a shortage of Mounjaro and Zepbound due to the increase in demand for the drugs ...
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Federal prosecutors announced Tuesday that a New York tax preparer known as 'the Magician" pled guilty to filing thousands of false tax returns.