Pharmacy Benefit Managers: A Brake on Rising Prescription Costs or a Cause of Them?

In 2015, spending on prescription drugs grew 9%, faster than any other category of health care spending, according to the U.S. Centers for Medicare and Medicaid Services. The report cited increased use of new medicines, price increases for existing ones, and more spending on generic drugs as the reasons for this growth. Increasingly, though, observers [...]

By | 2019-08-08T09:55:20-07:00 August 8th, 2019|Uncategorized|0 Comments

Employers Say Pharmacy Benefit Manager Contracts too Complex, Opaque

Three in five employers think their contracts with pharmacy benefit managers are overly complex and not transparent, according to a new study. The study, which found that employers would prefer that PBMs are more transparent with their pricing and would like them to focus less on rebates and value-based designs, comes as PBMs are under [...]

By | 2019-03-13T00:36:24-07:00 March 6th, 2019|Healthcare|0 Comments