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.
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 ...
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.
About 50 retail pharmacies closed across Virginia last year, leaving 20 counties with limited or no access to pharmacies.
Pharmacy benefit management giant Express Scripts unveiled several steps it's taking to boost transparency and mitigate high ...
Supporters say the bill is intended to help community health clinics access discounted drugs, but the pharmaceutical industry ...
Employers who sponsor health plans typically utilize administrators, like pharmacy benefits managers, to facilitate those ...
President Trump's nominee for health secretary, Robert F. Kennedy Jr., was questioned harshly by both Democrats and ...
Cigna's Evernorth Health Services said on Wednesday its actions will enhance transparency about the company's negotiations.
It’s the latest step from pharmacy benefit managers to respond to relentless criticism from politicians and regulators over ...
In 2021, the FDA approved a new insulin drug, Semglee, that was interchangeable with a brand-name insulin called Lantus.
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