DELTA TOWNSHIP, Mich. (AP) — Gov. Gretchen Whitmer on Wednesday signed bipartisan bills into law that are designed to reduce prescription drug costs by regulating pharmacy benefit managers that oversee coverage for employers, insurers and others. Parts of the laws …
Several states are probing pharmacy-benefit managers’ business practices in government-sponsored health programs, adding to the scrutiny the middlemen face in Washington for their role in the cost of drugs. At least three state attorneys general are investigating PBMs, in addition …
State regulators are proposing fines against two companies that manage pharmacy benefits for health insurers, saying they operated in Montana without a license. The alleged violations were discovered while the office of the Commissioner of Securities and Insurance was gathering …
Cigna’s purchase of healthcare pharmacy benefit manager Express Scripts last month was just the latest insurer/PBM acquisition in an effort to control rising medical treatment and drug costs. There’s been quite a few pharmacy benefit manager (PBM) acquisitions in healthcare …
An Arkansas House panel advanced a proposal Tuesday to regulate pharmacy benefit managers, as lawmakers began a special session focused primarily on addressing a cut in reimbursements rates pharmacists have seen. The House Insurance and Commerce Committee endorsed a proposal …