See Infographic on prescription drug price increases in Medicare Part B
Sanofi and Regeneron have agreed to lower the price of their cholesterol medicine in exchange for easier access for patients covered by pharmacy benefit manager
Three U.S. senators are seeking more information from a Florida company that has steadily increased the price of a 40-year-old cancer drug
The Pharmaceutical Care Management Association, which represents the Pharmacy Benefit Managers, turned the blame back to manufacturers, noting that the high prices start there. “Ironically, the industry that controls the list price of prescription drugs has attempted to point the finger at those focused on reducing the cost of prescription drugs for patients and payers,” the group said in a statement.
(Washington, D.C.) — As the Administration considers modifying price concessions for prescription drugs in Medicare and federal programs, the Pharmaceutical Care Management Association (PCMA) is releasing new data, “Reconsidering Drug Prices, Rebates, and PBMs,” showing drug manufacturers alone set prices –
(Washington, D.C.) — The Pharmaceutical Care Management Association (PCMA) today issued the following statement applauding the Maryland legislature and Governor Larry Hogan for enacting first-of-its-kind legislation, HB 978/SB 915, to increase transparency in the prescription drug supply chain. The legislation,
Today’s announcement by the Administration to include greater use of PBM tools in Medicare Part B through Medicare Advantage Prescription Drug Plans is an important step toward reducing costs for the program and beneficiaries,” PCMA said in a statement.
The increases were effective as of July 1 and in most cases were just over 9 per cent — well above the rate of inflation in the US, which is running at about 2 per cent.
America’s Pharmacy Benefit Managers (PBMs) agree with the Administration and Patients. The most direct way to reduce costs and improve access to prescription drugs is for drugmakers to cut their prices. See the new PCMA Ad
the drug company Bayer hiked the list prices of two cancer drugs by more than $1,000 per month.
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