Large Private Employer Coalition Creates Pharmacy Benefit Management Firm October 25, 2021 By Amruta Khandekar A nonprofit coalition of nearly 40 private employers, including U.S. retailers Walmart and Costco, said on Monday it has launched...
Top Insurance Regulatory Developments of 2020: Part 1 January 22, 2021 By Brian Casey, Zach Lerner and Ben Sykes This is the first installment of a two-part look at the top 10 insurance regulatory developments of 2020 by attorneys...
Oklahoma Bill Would Eliminate Third-Party Pharmacy Benefit Managers January 29, 2020 If passed, proposed legislation would have Oklahoma joining the growing number of states backing away from using Pharmacy Benefit Managers...
Trump Administration Halts Plan to Sideline Pharmacy Benefit Managers July 11, 2019 By Anna Edney The White House abandoned a push to end rebates paid to middlemen who negotiate drug prices on behalf of health...
CVS to Expand Medical Services to 1,500 Stores June 5, 2019 By Caroline Humer CVS Health Corp. said it would offer expanded health services such as nutrition counseling and blood pressure screenings in 1,500...
States, Congress Questioning Pharmacy Benefit Managers’ Role in Drug Prices April 11, 2019 By Robert Langreth Several states are probing pharmacy-benefit managers’ business practices in government-sponsored health programs, adding to the scrutiny the middlemen face in...
How to Keep Big Pharma from Winning Drug Price Wars: Joe Nocera April 9, 2019 By Joe Nocera, Bloomberg Opinion Robin Feldman is a law professor at the University of California Hastings with a particular expertise in antitrust and patent...
Kentucky Investigating Drug Overcharges by Pharmacy Benefit Managers March 25, 2019 By Tamara Mathias Kentucky Attorney General Andy Beshear said on Thursday he had launched an investigation into allegations that pharmacy benefit managers (PBMs)...
Cigna CEO Says Ending Benefits Manager Rebates Won’t Harm Commercial Market February 4, 2019 By Saumya Joseph and Tamara Mathias The U.S. government’s proposal to eliminate rebates that pharmacy benefit managers receive from drugmakers will not have a meaningful impact...
Cigna Completes $54 Billion Acquisition of Express Scripts December 21, 2018 By Caroline Hume Cigna Corp. on Thursday closed its $54-billion deal to buy Express Scripts Holding Co., creating one of the biggest providers...