In Win for Illinois Employers and Workers, Federal Court Blocks Implementation of Intrusive Reporting Mandates

(SPRINGFIELD, IL) – The Pharmaceutical Care Management Association (PCMA) welcomed a federal district court’s decision Monday granting a preliminary injunction against key parts of Illinois’ so-called Prescription Drug Affordability Act (PDAA). The court’s decision temporarily prevents the state from enforcing new burdensome reporting mandates on pharmacy benefit managers (PBMs) that serve self-insured employer and union-sponsored health […]

The “Grand Bargain” Part 1: How Hatch-Waxman Opened the Door to Generic Drug Competition

The impact of Big Pharma’s patent abuse on prescription drug access and costs is easy to understand: when drugmakers game the patent system in order to extend their monopolies beyond what the law intends, they block lower-cost entrants from the market. As a result, competition can’t push prices down and patients pay more. But understanding […]