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PickingUpMeds

Greater Transparency for Pharmacy Benefit Managers Recommended by Federal Advisory Council

The role of Pharmacy Benefit Managers (PBMs) is to help lower drug costs for consumers, health plan sponsors and payers – including government programs. Unfortunately, the lack of transparency in their pricing methods and compensation received (such as pharmaceutical manufacturer rebates) makes it difficult to verify whether a PBM is actually fulfilling their obligation to…

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Congressional Investigation Looks into Increasing Generic Drug Prices

Amid dramatic increases in generic drug acquisition costs, earlier this year the National Community Pharmacists Association (NCPA) requested a congressional hearing to examine the factors leading to these cost spikes, including pricing methods used by pharmacy benefit managers (PBMs). In response, Senator Bernie Sanders (I-Vermont) and Representative Elijah Cummings (D-Maryland) have recently launched an investigation…

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CDC Highlights the Key Role of Pharmacy In Improving Patient Health

As a means to foster discussion on major public health issues, the Centers for Disease Control and Prevention used its monthly forum, Public Health Grand Rounds, to highlight the “key role of pharmacy in improving patient health.” In its October program, “How Pharmacists Can Improve Our Nation’s Health,” a number of pharmacists in the public…

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Get To Know Your Pharmacist & Your Medication During Pharmacy Week

In Texas, there are over 22,000 licensed pharmacists who provide individuals and their families with an array of health care services. As the most readily available and accessible health care professional in many communities, pharmacists not only play an important role in the delivery of care, but they help to improve patient health outcomes while…