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Ohio names one pharmacy benefit manager for Medicaid to save cash


Ohio s grand quest to finally slay the dragon of overcharges by pharmacy benefit managers starts Monday with the rollout of a new $158 million contract by the state Medicaid agency.
The Buckeye State s premise, a unique approach just approved by the federal government: It takes a PBM to beat a PBM.
Bearing the sword on behalf of the state is Gainwell Technologies, a single PBM newly hired to work on behalf of Ohio taxpayers. The company will replace the multibillion-dollar conglomerates such as CVS Caremark and Express Scripts that currently serve as middlemen in the prescription drug supply chain for 3 million poor or disabled Ohioans. ....

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