Trump's drug pricing order delivers blow to pharmacy benefit managers

Congress turns up heat on pharmacy benefit managers in fiery hearing

Tempers flared Tuesday on Capitol Hill as senators from both parties unleashed blistering criticism of pharmacy benefit managers, accusing them of profiteering, monopolistic practices, and systematically forcing independent pharmacies out of business. Originally designed to help lower drug costs by negotiating discounts with manufacturers, PBMs have come under fire from lawmakers, doctors, pharmacists, and patients who argue they drive prices up…

Trump's drug pricing move shows his second-term reluctance to try bipartisanship: From the Politics Desk

A drug pricing executive order points to a unique tendency for Trump in his second term: a reluctance to attempt bipartisanship, even when there is significant overlap with Democrats on a goal.

Trump's drug pricing order delivers blow to pharmacy benefit managers

By Amina Niasse

Beaverton Pharmacy, other independent pharmacies, struggle to keep afloat

Beaverton Pharmacy has strugged with what are known as pharmacy benefit managers, or PBMs.

Congress turns up heat on pharmacy benefit managers in fiery hearing on drug pricing

Tempers flared Tuesday on Capitol Hill as senators from both parties unleashed blistering criticism of pharmacy benefit managers, accusing them of profiteering, monopolistic practices, and systematically forcing independent pharmacies out of business. Originally designed to help lower drug costs by negotiating discounts with manufacturers, PBMs have come under fire from lawmakers, doctors, pharmacists, and patients... The post Congress turns up …

New Research from Phoenix Center Chief Economist Underscores Critical Cost-Saving Role of PBMs

White Paper from George S. Ford, Ph.D., Highlights How PBMs Drive Down Costs; Cautions Against Misguided Policies Undermining PBMs (Washington, D.C.) — The Pharmaceutical Care Management Association (PCMA) issued the following statement on new research from George S. Ford, Ph.D., chief economist and co-founder of the Phoenix Center for Advanced Legal & Economic Public Policy Studies. Dr. Ford examined the role of pharmacy benefit managers (PBMs)…