The PBM system intentionally blocks lower-cost, FDA-approved biosimilars from being available to patients. Biosimilars are the commonsense, bipartisan solution to out-of-control prescription drug ...

Hollywood-based AIDS Healthcare Foundation has won a $10.3 million arbitration award in a dispute with a pharmacy benefit ...

As PBM services have traditionally been dominated by large companies such as CVS Caremark, Express Scripts and OptumRx, health systems are starting to create alternatives. Here are four more things to ...

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

Oklahoma's attorney general has accused CVS's Caremark pharmacy benefit manager unit of under-reimbursing pharmacies for ...

Pharmacy benefits managers act as intermediaries between health plans, drug manufacturers and pharmacies, but their lack of transparency has raised concerns. PBMs retain rebates and discounts from ...

Oklahoma Attorney General Gentner Drummond filed a lawsuit against CVS Caremark, alleging multiple pharmacy benefit ...

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

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

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

NEW YORK, Jan. 14 (Xinhua) -- The largest pharmacy-benefit managers (PBMs) hiked the prices of certain drugs dispensed through their own pharmacies, according to a new report by the Federal Trade ...