Sierra town’s family-owned pharmacy squeezed out of business by industry managers, owner says
Yosemite Drug in the Coarsegold Historic Village, whose clients are generally 60 or older, announced it will close up shop ...
Fierce Healthcare17h
'Big Three' PBMs seek appeal in legal spat with Federal Trade Commission
The three largest pharmacy benefit managers are looking to take their legal back-and-forth with the Federal Trade Commission ...
Modern Healthcare6d
FTC's insulin case against UnitedHealth, CVS, Cigna PBMs advances
A federal judge denied a bid by CVS Health, Cigna and UnitedHealth Group to block the Federal Trade Commission's pricing case ...
Crain's Chicago Business6d
Pharmacy benefit managers take a hit in Pritzker budget speech
The Prescription Drug Affordability Act would aim to stop pharmacy benefit managers, or PBMs, from “exploiting loopholes” to ...
FTC case against Caremark, Express Scripts, Optum Rx can move forward, judge rules
A Missouri district court judge on Tuesday said stopping the FTC’s suit against the Big Three PBMs would be “against the ...
Foes in FTC Insulin-Price Case Fire Off Subpoenas in Every Direction, From McDonald’s to Defense Department
After turning over more than 1,300 documents to the Federal Trade Commission, the fast food giant is turning its attention to subpoenas from pharmacy benefit managers the agency accuses of ...
Acsh.org23h
Rising Drug Prices and Shortages Are Fueled in Part by the Very Reform Mechanism Intended to Curtail Them
Pharmacy Benefit Managers (PBMs) have evolved from relatively obscure cost-saving entities into powerful industry players ...
Yahoo3d
Sierra town’s family-owned pharmacy squeezed out of business by industry managers, owner says
This system has come under scrutiny from the Federal Trade Commission, which in a July 2024 report called pharmacy benefit managers “the powerful middlemen inflating drug costs and squeezing ...
KWCH6d
Legislation looks to help with drug costs, provide transparency in pharmacy market
The Pharmacy Benefit Manager Transparency Act has been introduced before. The association representing PBMs said it would hinder their business and expand the FTC’s authority. There were efforts ...