Tag: PBMs

ALEXANDRIA, Va. – After failing to get relief on direct and indirect remuneration fees through legislative and regulatory pathways, the National Community Pharmacists Association says it was left no choice but to file a lawsuit to stop what it says is an “existential threat” to independent pharmacies.  The lawsuit, filed in January against the U.S. Department of Health and Human Services, states that the fees are without reasonable transparency,...

ALEXANDRIA, Va. – The National Community Pharmacists Association is partnering with state pharmacy associations to educate the public, patients and policymakers on the largely unknown role played by pharmacy benefit managers, or PBMs, in raising drug costs, restricting patient access, and squashing local pharmacies, ultimately limiting consumer choices. “Access to pharmacies – essential businesses and health care providers – has never been more important than...

ALEXANDRIA, Va. - The National Community Pharmacists Association says that a partnership between two pharmacy benefit managers will harm local pharmacies.In a letter to The National Association of Attorneys General, the NCPA asks for scrutiny of the partnership between Express Scripts and Prime Therapeutics.Express Scripts is owned by Cigna and controls prescriptions for 75 million people; Prime Therapeutics is owned by a consortium of Blue Cross Blue Shield companies and covers more than 30 million...

EDEN PRAIRIE, Minn., and FLINT, Mich. - UnitedHealth Group's Optum division will pay about $300 million to buy Diplomat, a provider of specialty pharmacy and infusion services, according to news reports.Diplomat focuses on managing specialty medications, including oncology and immunology, and provides specialized infusion therapies in all 50 states and Washington, D.C.“With its focus in specialty and infusion services, Diplomat has a proven track record of solving the unique challenges facing...

WASHINGTON - National Community Pharmacists Association President Bradley Arthur testified at a Nov. 17 hearing on the “disproportionate market power” of pharmacy benefit management corporations.Arthur told members of the House Judiciary Committee Subcommittee on Regulatory Reform, Commercial and Antitrust Law that PBMs have “undue influence” on patients, health plans sponsor and pharmacies.Arthur, a pharmacist, is co-owner of Black Rock Pharmacy and Brighton-Eggert Pharmacy...