President Trump's nominee for health secretary, Robert F. Kennedy Jr., was questioned harshly by both Democrats and ...

The industry says it keeps down the cost of prescription drugs, but critics say it's profiting at the expense of patients.

In a recent antitrust arbitration ruling, Prime Therapeutics, a pharmacy benefit manager (PBM) owned by 19 Blue Cross and ...

Pharmacy benefit managers are the middlemen in the prescription drug market. The Federal Trade Commission reports the revenue of four PBMs exceeds $1 trillion and they control 86% of the market.

Pharmacy benefit management giant Express Scripts unveiled several steps it's taking to boost transparency and mitigate high ...

Cigna's Evernorth Health Services said on Wednesday its actions will enhance transparency about the company's negotiations.

Sen. James Lankford has been trying to pass legislation in response to an industry he believes will leave small towns without ...

Cigna Group shares fell sharply after the health insurer reported fourth-quarter profit that was dragged down by medical costs, a trend that’s concerned investors in the sector for months.

La., said the Senate Health, Education, Labor and Pensions Committee should also increase gig worker access to portable ...

It’s the latest step from pharmacy benefit managers to respond to relentless criticism from politicians and regulators over ...

Drugmakers hope to see efforts that focus more on cracking down on pharmacy benefit managers while promoting drug innovation ...

MILWAUKEE, WISCONSIN / ACCESS Newswire / January 30, 2025 /Serve You Rx, a full-service pharmacy benefit manager (PBM), received Validation Institute's designation for contract transparency. The ...