News Highlights
What the Inflation Reduction Act means for PBMs
August 19, 2022
The Pharmaceutical Care Management Association, which represents PBMs, praised the law for postponing the rebate rule, but once again passed…
Birth control coverage gaps scrutinized as reproductive health landscape shifts
August 19, 2022
A spokesperson for the Pharmaceutical Care Management Association, the trade group representing PBMs, said that, while the pharmacy middlemen “almost…
How self-pay pharmacies can save customers hundreds of dollars a month
August 19, 2022
“Our job is to drive down costs on behalf of the consumer and those paying the bill for health insurance,”…
Death of rural pharmacies across US leaves millions without a place to get medicine
August 15, 2022
Pharmaceutical Care Management Association, the leading PBM trade group, claimed the number of independent pharmacies has actually grown. "Over the…
Senate’s Medicare drug pricing may ripple into private market
August 10, 2022
The Pharmaceutical Care Management Association, which represents pharmacy benefit managers, said commercial insulin copays currently average $23….
‘Solution’ to Pharmacy Benefit Managers Problem Is Costly
August 10, 2022
Blaming healthcare costs on PBMs is tempting, but misguided. Both the Trump and Biden administrations have bludgeoned the industry, because…
Bloomberg: FTC Caught in Balancing Act With Pharmacy Benefit Manager Probe
July 29, 2022
“There’s this narrative out there, this assumption, that community pharmacies are closing and they’re closing in escalating rates,” PCMA President…
Forbes: Regulatory Attacks On Pharmacy Benefit Managers Will Not Lower Drug Prices
July 13, 2022
The market for prescription drugs is exceedingly complicated, in part because there are many disparate actors……
The Wall Street Journal: In Defense of Pharmacy Benefit Managers
July 12, 2022
Washington is a town not known for bipartisan agreement. But its swarms of drug-company lobbyists appear to have united both…
June 06, 2022
In my experience, PBMs do not contribute to the rising costs of prescription drugs—in fact, they do the exact opposite….
POLITICO Q&A: PCMA Chief Executive JC Scott
June 02, 2022
JC Scott and PCMA's top lobbyist Kristin Bass talk about the criticism facing the PBM industry, how to break through…
PBMs Under Fire at Senate Hearing
May 05, 2022
"The PBM industry is the only stakeholder in the chain dedicated to seeking lower costs, and we are proud to…