As the 119th Congress convenes, policymakers have a historic opportunity to lower prescription drug prices for Americans. As ...

Pharmacy benefit managers overcharged for specialty generic medications — in many cases by hundreds and thousands of percent ...

Bills in the Iowa House and Senate would change how pharmacy benefit managers, or PBMs, mediate pharmacies and insurance ...

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

At the Senate Finance nomination hearing yesterday, he declined to give a yes-or-no answer about Affordable Care Act tax credit rule renewal.

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.

A bill that aims to increase pharmacy benefit managers’ transparency by requiring them to report data to the agency that ...

Walgreens and CVS were engaged in a war nationwide, building stores as close to each other as possible, often on opposite ...

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

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