States may be getting ready to crack down even harder on pharmacy benefit managers. The National Association of Insurance ...
Instead of lowering prices, PBMs do precisely the opposite. A New York Times report found that pharmacy benefit managers push patients toward medications with higher out-of-pocket costs to increase ...
The Rio-based network of independent pharmacies blames drug industry intermediaries known as pharmacy benefit managers.
Pharmacy Benefit Managers are the middlemen who manage virtually all prescriptions written in the U.S. Serving as brokers among drugmakers, pharmacies, and health insurers, these health care entities ...
“The traditional pharmacy, the dispensing model is not gonna survive,” McDonough said. While pharmacy closures are an obvious challenge to patient access, he says some pharmacies are reducing hours or ...
Therefore, entities like insurance companies and TPAs often outsource the management of pharmacy benefits to one of the major PBMs. [27] TPAs are independent benefit contractors that work with ...
Findings are from a survey conducted annually by the Pharmacy Benefit Management Institute (PBMI) and are based on data collected from 403 employers (approximately 11 million beneficiaries).
A long-awaited report from the US Federal Trade Commission (FTC) on pharmacy benefit managers (PBMs) is out – and will make uncomfortable reading for the pharma supply chain middlemen.
When a well-established local pharmacy can’t fill a prescription because doing so would cost the pharmacy money, it signals a ...