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 ...

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.

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

In January, a new Idaho law will take effect requiring reform of business practices by pharmacy middlemen — in search of ...

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 ...

Pharmacists United for Truth and Transparency and supporters protest outside Optum against “the unfair and monopolistic practices of pharmacy benefit managers (PBMs)” in Eden Prairie ...

A new study suggests major pharmacy benefit managers may be focusing on specific payer segments in a bid to maintain strong market share. The analysis, released in the Journal of the American ...

About The Study: In 2023, all 3 payer markets (commercial insurance, Medicare Part D, and Medicaid managed care) for pharmacy benefit manager (PBM) services were highly concentrated, but ...

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 ...

SACRAMENTO — California Gov. Gavin Newsom will soon decide whether the most populous U.S. state will join 25 others in regulating the middlemen known as pharmacy benefit managers, or PBMs, whom many ...

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 ...

Recommended Reading FTC slams pharmacy benefit managers in first report from ongoing investigation Cigna is following through on promises to more aggressively defend its pharmacy benefit manager.