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Curious about the latest pharmacy benefit manager news and its impact on your team? Explore articles that expose the real issues in the PBM industry. Check back often for updates.
A New York Times investigation reveals that pharmacy benefit managers (PBMs) often drive up prescription drug costs by prioritizing their profits over patients, employers, and taxpayers. The big 3 PBMs are accused of inflating prices and steering patients toward more expensive medications.
The FTC has released a second report on PBMs, focusing on pharmacy benefit managers’ influence over specialty generic drugs, including significant price markups by PBMs for cancer, HIV, and other critical drugs.
A bipartisan group of lawmakers has introduced a bill requiring pharmacy benefit managers (PBMs) and health insurers to divest their ownership of pharmacies. This move addresses criticism that PBMs' vertical integration creates monopolies in American healthcare, driving up prescription costs.
A report discusses how the business practices of PBMs are leading to the closure of independent pharmacies, resulting in reduced access to medications for many communities. The article highlights the need for regulatory scrutiny of PBM operations.
There is increasing advocacy for the FTC to examine PBMs' co-manufacturing agreements and their impact on drug pricing. Critics argue that these relationships may be contributing to anticompetitive practices and higher consumer costs.
An investigative article examines how PBMs' confidential negotiations and rebate practices may have contributed to rising drug prices and the opioid crisis. The report suggests that PBMs' influence on drug formularies and pricing has had significant public health implications.
In response to the recent FTC interim staff report on PBMs, Rightway is proud to show the proactive measures and industry-leading practices we have implemented to ensure transparency, fair pricing, and better healthcare outcomes for our clients and members.
Read moreA New York Times investigation highlights how traditional Pharmacy Benefit Managers (PBMs) inflate drug prices for profit. See how Rightway’s transparent PBM model provides a cost-effective and patient-focused alternative to the big 3 PBMs.
Read moreWatch how Rightway's transparent, aligned PBM model and concierge pharmacy navigation help members receive the most appropriate, cost-effective, and efficient pharmacy care.
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