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Eliminating Anticompetitive PBM Practices Are Free Market Reforms

Reforming the current PBM market is a pro growth reform because government policies have misaligned market incentives which imposes excessive costs on patients. ....

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Pharmacy benefit manager reform must remain a priority for Congress

Congress has returned to Capitol Hill from summer recess. Lawmakers in both chambers have a full slate of policy priorities to attend to not least among them funding the government and averting a shutdown before the Sept. 30 deadline. ....

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Blue Shield of California Ends CVS Caremark Partnership, Google's Verily Life Sciences Intensifies Cost-Cutting, Tesla's Autopilot Under Fire Again: Today's Top Stories

Wall Street Journal Blue Shield of California To Revolutionize Drug Payment System: Ends CVS Caremark Partnership Blue Shield of California has decided to discontinue its utilization of CVS Health Inc's (NYSE: CVS) Caremark, the pharmacy-benefit manager responsible for negotiating drug prices and overseeing services like mail-order pharmacy. Instead, the nonprofit health plan, which boasts a membership of approximately 4.8 million, is embarking on a partnership with a group of specialized compan ....

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CVS beat earnings estimates as it bets on healthcare services

The drug store chain also announced cost-curbing moves, including cutting 5,000 jobs ....

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GoodRx, CVS join forces to lower customers' out-of-pocket prescription drug costs

GoodRx is poised to grow its drug discount membership with new CVS partnership. ....

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