Lawmakers want Indiana to own its own pharmacy benefit manager for state plans like Medicaid
Pharmacy benefits managers, or PBMs, are meant to act as a middleman between drug manufacturers and insurance companies, with the goal of lowering prices.
Pharmacy benefit manager reform bill advances for committee vote
The bill would allow pharmacies to decline dispensing prescriptions to people if that pharmacy would be reimbursed less than its acquisition cost for that drug.
Bill in Iowa legislature proposes new rules for Pharmacy Benefit Managers
Pharmacists are praising a bill under consideration in the Iowa House and Senate that would set new restrictions on pharmacy benefit managers or PBMs. Critics accuse PBMs of pocketing part of the money that should instead be reimbursing the pharmacies that fill prescriptions.
Indiana Statehouse bills on local pharmacies and pharmacy benefit managers
Indiana lawmakers are attempting to find solutions to decrease Indiana’s elevated healthcare costs by targeting pharmacy benefit managers (PBM) through a series of state bills. PBM’s act as middlemen when it comes to drug manufacturers and insurance companies.
Iowa bill to regulate Pharmacy Benefits Managers
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Iowa bill targeting PBMs advances, amid rising state pharmacy closure concerns
The bill would allow pharmacies to decline dispensing prescriptions to people if that pharmacy would be reimbursed less than its acquisition cost for that drug.
Wisconsin couple sues Walgreens, Optum Rx, saying son died after sudden $500 price spike for asthma meds
Shanon and William Schmidtknecht, of Poynette, say their 22-year-old son Cole was told the cost had jumped from $66 to $539 ...
The Gazette11h
Bills aim to address prescription drug costs, pharmacy closures by regulating PBMs
Pharmacy benefit managers, insurance companies, and pharmacists debated the causes and potential impacts of the new proposal ...
KCUR 89.3 FM2h
Kansas pharmacists ask lawmakers for help as pharmacies across the state continue to close
Pharmacists in Kansas say pharmacy benefit managers, a group that helps determine what medications insurance covers and how much they cost, are choking them out of business.
hrexecutive3d
Will a new FTC report finally help rein in out-of-control pharmacy costs?
The FTC called out the nation’s leading pharmacy benefit managers for inflating pharmacy costs, affecting both employers and ...
Iowa lawmakers target prescription drug prices, pharmacy reimbursements with 'PBM' bills
The bill's supporters framed it as part of the solution to addressing both high drug prices and slowing the pace of pharmacy ...
Becker's Hospital Review3h
Wisconsin couple sues Walgreens, Optum Rx over son's death
A Wisconsin couple has filed a lawsuit against pharmacy benefit manager Optum Rx and Walgreens, alleging their son's death was linked to a sudden price increase in his asthma medication.
Healthcare Dive1d
Express Scripts, Kroger reach new pharmacy network agreement
The two have mended fences after a nasty contract dispute in 2022 caused Kroger pharmacies to go out of network with Express ...