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WV Senate approves SB 453, setting drug price limits |

The West Virginia Senate, on Feb. 21, 2024, approved Senate Bill 453 that would place limits on drug pricing and require more transparency from pharmacy benefit managers.

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Ozempic, Wellbutrin, and Hundreds of Other Drugs Just Got More Expensive

Popular weight loss drugs, painkillers, and other common medications are seeing their list prices go up this month.

Ohio , United-states , Eli-lilly-mounjaro , Novo-nordisk-ozempic , Box-score , Novo-nordisk , Eli-lilly , Eli-lilly-and-company , Ealth , Edical , Harma

Ozempic, Wellbutrin and other drug prices go up

Popular weight loss drugs, painkillers, and other common medications are seeing their list prices go up

Ohio , United-states , Eli-lilly-mounjaro , Novo-nordisk-ozempic , Box-score , Novo-nordisk , Eli-lilly , Eli-lilly-and-company , Ealth , Edical , Harma

Mark Cuban Cost Plus Drugs teams up with 4th PBM company

Mark Cuban Cost Plus Drug Co. has partnered with pharmacy benefit management company PCA Rx to bring members more clarity about drug pricing.

Cuba , Cuban , Alex-oshmyansky , Cost-plus-drug-co , Mark-cuban-cost-plus-drug-co , Mark-cuban-cost-plus-drug , Cost-plus-drug , Cost-plus-drugs , Mark-cuban , Ost-plus-drug-co , Ca-rx , Harmacy-benefit-management

Health services division drives CVS through strong third quarter

A strong performance managing prescription drug coverage helped push CVS Health above third-quarter expectations. Revenue from the health services business, which includes pharmacy benefit management, rose nearly 8% to $46.89 billion. The company said growth across across all product lines pushed total quarterly revenue up more than 10% to $89.76 billion, easily topping Wall Street expectations, according to a survey of analysts by Zacks Investment Research.

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Pharmacy Benefit Management Market Size To Surpass USD

As per the report by Fortune Business Insights, the global Pharmacy Benefit Management Market size is projected to reach USD 809.79 billion by 2030, at a...

India , United-kingdom , Canada , Pune , Maharashtra , Insurance-companies , Centene-corporation , Pharmacy-benefits-management-market-research , Service-provider , Optumrx-inc , A-research-sample

Blue Shield of California opts for Amazon, Mark Cuban drug company in switchup

Blue Shield of California announced a major operational shake up to cut costs, a move some experts say could have ripple effects across the industry.

California , United-states , Cuba , Cuban , Americans , Lisa-gill , Elizabeth-anderson , Ethan-slavin , Paul-markovich , Centers-for-disease , Us-centers-for-medicare-medicaid-services , Mark-cuban-cost-plug-drug-company

A Major Insurer Has a New Plan to Save Big Money on Drug Costs

The U.S. system of pricing and insurance coverage for prescription drugs has come under immense criticism for being overly complicated and costly. Now, a major health insurer — Blue Shield of California — says it is opting out of that system to try a new model “designed to fix problems in today’s broken prescription drug system.” The non-profit insurer, with some 4.8 million members, said Thursday that it will stop using the CVS Caremark pharmacy benefit management service. Pharmacy benefit mana

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What are Pharmacy Benefit Managers?

How an obscure middleman system plays a key role in keeping US drug prices sky-high

United-states , California , America , American , Americans , Michael-strapazon , Murdo-gordon , Amgen-amjevita , Karen-lynch , Robin-feldman , George-paz , Andrew-witty

Q&A: As Congressional Heat Builds on PBMs, What Is the Message From the Industry Lobby?

The largest six pharmacy benefit managers are being scrutinized by the Federal Trade Commission, while Congress is debating the Pharmacy Benefit Transparency Act. Meanwhile, states have their own ideas for reining in what they see as excesses of the industry. With all this heat, what is the message from the head of the Pharmaceutical Care Management Association?

Minnesota , United-states , Puerto-rico , Oklahoma , Katie-adams , Arundhati-parmar , Unitedhealthcare-optum , Abarca-health , Department-of-justice , Care-management-association , Human-services , Circuit-court