Iowa pharmacists and advocates said Wednesday lawmakers need to pass legislation regulating pharmacy benefit managers, the third-party companies that negotiate prescription prices between health ...

Pharmacy benefits managers, or PBMs, are meant to act as a middleman between drug manufacturers and insurance companies, with ...

Pharmacy benefit management giant Express Scripts unveiled several steps it's taking to boost transparency and mitigate high ...

For example, if a pharmacist incorrectly ... entities like insurance companies and TPAs often outsource the management of pharmacy benefits to one of the major PBMs. [27] TPAs are independent ...

The bill would allow pharmacies to decline dispensing prescriptions to people if that pharmacy would be reimbursed less than ...

Oklahoma Attorney Gentner Drummond filed his first lawsuit under the state’s new pharmacy benefit management statutes on Thursday when he announced he is suing CVS Caremark for “multiple ...

As PBM services have traditionally been dominated by large companies such as CVS Caremark, Express Scripts and OptumRx, health systems are starting to create alternatives. Here are four more things to ...

In late December, President-elect Donald Trump put pharmacy benefit managers ... president and CEO of the Pharmaceutical Care Management Association (PCMA), the industry’s trade group.

Years of dominance by the three major vertically integrated pharmacy benefit managers that control ... can create big economic disruptions. For example, if an employer wants to carve out their ...