Higher Drug Costs, Less Choice: How PBMs Affect Everyday Americans’ Healthcare
Forbes August 15, 2024 The nation’s attention remains fixed on pharmacy benefit managers. Following a series of House Oversight Committee...
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LIPA News and Updates
Mail-Order Drugs Were Supposed to Keep Costs Down. It’s Doing the Opposite.
A key tool that businesses have counted on to keep a lid on employees’ drug spending—filling workers’ prescriptions by mail—is now...
The Opaque Industry Secretly Inflating Prices for Prescription Drugs
Americans are paying too much for prescription drugs. It is a common, longstanding complaint. And the culprits seem obvious: Drug...
CVS Made a Big Bet on Privatized Medicare. It Looks Like a Flop.
CVS Health reported disastrous earnings this week after an aggressive marketing push behind Medicare Advantage came up empty. Operating...
The PBM-Insurer Mafia Comes for Community Pharmacies
Pharmacy benefit managers (PBMs) are the shadowy middlemen who decide what drugs you can buy, where you can buy them, and at what...
Independent Pharmacies Continue to Face Financial Hardships as the Clock Ticks on PBM Reform
In recent years, pharmacists and lawmakers have shifted their focus to the cost of prescription drugs. As private insurers and pharmacy...
Pharmacies face prescription delays amid cyberattack
Patients across the country have been unable to get their prescriptions filled as health tech company Change Healthcare responds to a...
Pharmacy orgs urge Congress to finish bipartisan work on PBM reforms in Medicare, Medicaid
Pharmacies and pharmacists are urging the U.S. Congress to capitalize on the bipartisan work for pharmacy benefit manager reform in the...
Blue Cross shelves plans to sell to Elevance for a second time; regulatory hearings canceled
February 14, 2024 Hours before regulatory hearings in Baton Rouge were set to begin Wednesday, Blue Cross and Blue Shield of Louisiana...
There's a big gap in a new plan to speed up health insurance authorizations
There's a notable gap in new federal rules requiring insurers to streamline decisions on whether they'll cover treatments ordered by...
Unlikely political allies take on drugmakers’ patent tactics
An unusual bipartisan coalition of lawmakers is teaming up on drug pricing legislation, proving the issue may defy election-year...
More than 13 million people lost Medicaid coverage this year, with Texas an epicenter of the 'unwinding'
Erica Olenski, a single mother of three in McKinney, Texas, juggles the responsibilities of parenthood and a full-time job, in addition...
Medicare urges payers to keep cash flowing to pharmacies
Medicare officials are urging health plans and other payers not to put pharmacies in a cash squeeze when a new policy kicks in that may...
Opinion The U.S. pharmacy industry is crumbling. Here’s how to fix it.
Canby Drug & Gifts, a pharmacy in rural Minnesota, is a paradox. It does good business, yet it is always on the verge of shutting down....
Biden's limit on drug industry middlemen backfires, pharmacists say
CBS News The Biden administration's first major step toward imposing limits on the pharmacy benefit managers who act as the drug...
"Pharmageddon" employee walkout adds to Walgreens woes
Walgreens, the nation's largest drugstore chain, is reeling from labor shortages, executive turnover, fierce competition, debt issues,...
Some pharmacy staff from Walgreens, other chains are walking out again—here’s what you need to know
SUN, OCT 29 2023 Some pharmacy staff from Walgreens and other drugstore chains are planning to walk out this week in the latest pushback...
Express Scripts conspired to overcharge pharmacies, class action says
A group of pharmacies has filed a proposed class action lawsuit accusing Cigna Group's (CI.N) pharmacy benefit manager unit Express...
Payback Time! Community Pharmacists Cheer Class Action Lawsuit Against PBMs to Recoup DIR Fees
The National Community Pharmacists Association loudly applauded a class action lawsuit filed against vertically consolidated CVS Health,...
New coalition of Transparent PBM companies seeks to fix nation’s broken drug pricing system
Transparency-Rx (Transparency-Rx.com), a not-for-profit coalition led by transparent pharmacy benefit manager (PBM ) executives, formally...
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