Florida becomes the latest state to regulate PBMs
Independent pharmacies say that Pharmacy Benefit Managers are squeezing them out of the marketplace.
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Independent pharmacies say that Pharmacy Benefit Managers are squeezing them out of the marketplace.
The Senate Commerce, Science and Transportation Committee issued the following testimony by Craig Garthwaite, professor and director of the Program on Healthcare at Kellogg School of Management in the Northwestern University, involving a hearing on May 5, 2022, entitled "Ensuring Fairness and Transparency in the Market for Prescription Drugs":.
Pharmacy benefit manager (PBM) audits are becoming increasingly dangerous for pharmacies. While the role of the PBM was initially to reduce costs for all parties involved, abusive PBM...
Data has even shown that some people have stopped taking their medicine as prescribed because they simply couldn’t keep up with the rising costs.
Lawmakers in Madison passed several bills in 2021, and most of those laws took effect right away, except for a few.