Al Roberts and Travis Hale, the owners of Remington Drug Company in Remington, Va., hosted Andrew Ferguson, chair of the ...

Pharmacy benefit managers negotiate pricing and conditions for access to drugs, process prescription claims and manage retail pharmacy networks. A Federal Trade Commission report published last July ...

Pharmacy benefit managers, or PBMs, serve as brokers between drugmakers, health insurance companies and pharmacies. The three largest PBMs manage nearly 80% of all prescriptions filled in the United ...

The U.S. House is renewing a push to take on pharmacy benefit managers that play an important role in the cost of ...

The three largest pharmacy benefit managers are looking to take their legal back-and-forth with the Federal Trade Commission to the 8th Circuit Court, according to a court filing issued late last week ...

Last year, the Federal Trade Commission (FTC) caused consternation among pharmacy benefit managers (PBMs ... highly critical report. The new document focuses on the influence of PBMs over the ...

But I have had to close three of them, including my retail pharmacy, due in part to mandatory “take-it-or-leave-it” pharmacy benefit manager ... The Federal Trade Commission found that ...

This system has come under scrutiny from the Federal Trade Commission, which in a July 2024 report called pharmacy benefit managers “the powerful middlemen inflating drug costs and squeezing ...

The Federal Trade Commission in the US is planning to sue the owners of the three largest pharmacy benefits managers (PBMs) for anti-competitive behaviour, on the heels of its damning report on ...

The Federal Trade Commission’s legal action against the three largest pharmacy benefit managers will move forward after a federal judge rejected their bid to halt the case. In a court filing ...

Mississippi is forcing PBMs to be more transparent and report pricing data ... a bill to increase PBM oversight. The FTC found that pharmacy benefit managers have inflated drug prices to the ...