The U.S. Federal Trade Commission said on Friday it was suing the country's three largest pharmacy benefit managers, accusing them of abusing their power and rigging the pharmaceutical supply chain to ...

The federal government is suing some big pharmacy benefit managers over a system of drug rebates that regulators say has made ...

Pharmacy benefit managers are a group of Fortune 15 corporations that have amassed enormous power in recent years as controversial middlemen between insurers, patients, drug makers and pharmacies.

Over the past decade, employers, HMOs, health care insurers, and various government entities have turned to pharmacy benefit management companies (PBMs) to help control their drug budgets.

Cigna is following through on promises to more aggressively defend its pharmacy benefit manager. On Tuesday, the healthcare company’s PBM, Express Scripts, sued the Federal Trade Commission over ...

In January, a new Idaho law will take effect requiring reform of business practices by pharmacy middlemen — in search of tamping down prescription drug costs. The new law targets pharmacy benefit ...

The Company opertates in two segments: Pharmacy Benefit Management (PBM) and Specialty Pharmacy. Medco's advanced pharmacy and clinical research are part of Medco making medicine for more than 65 ...

Patients remain sidelined in this scheme, as their cost-sharing is based on the list price, not the discounted rate. PBMs have become powerful gatekeepers in the prescription drug market ...

Those middlemen are Pharmacy Benefit Managers, whose representatives during the meeting refuted claims of being unfair toward independent pharmacies, inflating drug prices, prioritizing their own ...

DALLAS--(BUSINESS WIRE)--The 2024 Pharmacy Benefit Manager Customer Satisfaction Report published by Pharmaceutical Strategies Group (“PSG”) disclosed low satisfaction and demand for change in ...

LITTLE ROCK, Ark. (KAIT/KARK) - In an emergency ruling, Arkansas lawmakers have moved to fine pharmacy benefit managers following a months-long debate. According to our content partner KARK ...

The most comprehensive research of its kind provides the most in-depth picture of the PBM landscape today DALLAS, September 18, 2024--(BUSINESS WIRE)--The 2024 Pharmacy Benefit Manager Customer ...