pharmacy benefit managers News

Drug Middlemen Face State Probes Over Complex Pricing System

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 …

Montana Regulators Propose Fines Against Pharmacy Benefits Managers

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 Express Scripts Unlikely to Affect Workers’ Comp

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 …

Arkansas Legislators Advance Pharmacy Benefit Managers Regulation

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 …