According to story in BenefitsPro, PBMs thrive because of a lack of transparency in their business operations. The story goes on to say that public litigation is opening up the PBM black box, recounting that a New York court recently refused to release Express Scripts, Inc., one of the most prominent PBMs in the nation, from a pending litigation.
The Federal Trade Commission (FTC) has launched an inquiry into the largest Pharmacy Benefit Managers (PBMs) in the United States, with the goal of scrutinizing the PBMs’ practices and.
House passed largely along party lines a package of gun control measures advanced by the Judiciary Committee on June 2, Senate bipartisan negotiations continued on a more narrow response to gun violence that they hope can attain the 60 votes needed to surpass a filibuster.
After years of pleading, the Federal Trade Commission on Tuesday voted to investigate the practices of some of the nation's largest health care companies. The companies are accused of using their dominance in myriad sectors of the health care space to drive up costs, drive out competition and reap profits.