PCMA: Big Pharma Wins Big with Passage of PBM and Employer Mandates

(Washington, D.C.) — Today, the Senate passed a government funding bill that includes unrelated new mandates on employers and pharmacy benefit managers (PBMs) that will increase prescription drug costs for American families. The policies focused solely on PBMs will drive drug prices higher, eliminate employer choice, and discourage competition in the PBM market. In response, Pharmaceutical Care […]

PCMA Remarks on FL OIR PBM Exam Summary Report

(Tallahassee, FL) — Last month, the Florida Office of Insurance Regulation (OIR) published a Summary Report regarding market conduct exams of Pharmacy Benefit Manager (PBMs) performed pursuant to Florida’s “Prescription Drug Reform Act” (the language of SB 1550) of 2023. The OIR’s report addresses the procedural history of the exams, some general findings, and agency rulemaking […]