Pharmacy Benefit Managers

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... [continue reading]

1574R-09488

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... [continue reading]

HealthcareTeam

Don’t Let Pharmacy Benefit Managers Reduce Patient Access to Pharmacy Care

This past spring, Iowa Governor Terry Branstad signed into law bipartisan legislation, H.F. 2297, that provides the state’s Insurance Commissioner with greater authority to oversee pharmacy benefit managers (PBMs) and to ensure that their practices don’t result in the closure of more community pharmacies in rural and... [continue reading]

American pharmacist serving  senior man in pharmacy

Bipartisan Cooperation in Colorado Yields Legislation Benefiting Patients & the Pharmacies they Rely On

Recognizing the importance of community pharmacies to the health of Colorado’s residents and to the state’s economy, State Senator Larry Crowder (R-Alamosa) and State Representative Tracy Kraft-Tharp (D-Arvada) have teamed up to pass legislation that will “benefit patients and the pharmacies they rely on for prescriptions and... [continue reading]

Pharmacist10

Florida’s Pharmacists and Pharmacies Among the Winners from the 2014 Legislative Session

With the close of the 2014 Legislative Session in Florida, both pharmacists and pharmacies enjoy a number of major victories that will also benefit Floridians statewide. The passage of Senate Bill 702 will provide “predictability and common sense business practices for pharmacies to prepare and respond to... [continue reading]