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Top PCMA News
Unions · NorwayMisguided Policies will Raise Costs for Patients, Employers, and Unions (Trenton, NJ) — The Pharmaceutical Care Management Association (PCMA) issued the following statement on the New Jersey Assembly’s hearing to examine the impact of PBMs on drug prices. “Pharmacy benefit managers (PBMs) are working on behalf of New Jersey employers, labor unions, and patients in the fight against high drug costs. Today, PBMs cover 8.4 million New Jerseyans and…See the Story
PBMs Secure Savings for Patients and Employers in New Jersey
Drug Prices · United StatesWhile Drug Companies Drive Up Drug Prices with Anti-Competitive Behavior, PBMs Continue to Innovate and Lower Costs for Consumers As policymakers tackle America’s prescription drug affordability challenge, it’s important to remember that Big Pharma sets the price of the prescription drugs – and the price is the number one problem when it comes to Americans facing difficulty affording their prescription drugs. Drug companies raise drug prices yea…See the Story
PBMs Are Breaking Down Barriers to Expand Access to Biosimilars and Lower Consumer Costs
United States · United StatesLowering Patient Costs Leads to More Accessible and Affordable Prescription Drugs More than 92% of prescriptions cost patients less than $20 at the pharmacy counter; however, over half of insured adults under 65 are worried about affording their prescription drugs. Many of these challenges result from exposure to high list prices that drug companies alone set and raise. For example, from 2008 to 2021, the median list price for a year’s supply of…See the Story
PBMs Offer Innovative Cost-Sharing Programs to Address Patient Out-of-Pocket Costs
Opinion · United StatesVoters Support Holding Drug Companies Accountable to Strengthen America’s Health Care System (Washington, D.C.) — The Pharmaceutical Care Management Association (PCMA) today released the results of public opinion research, conducted by McLaughlin & Associates, showing American voters in battleground states overwhelmingly oppose policies that interfere with the private market and believe America’s health care system should be strengthened by hold…See the Story
[Opinion] McLaughlin Poll Finds Battleground Voters Oppose Pharma-Backed Government Intervention In The Private Market
Donald Trump · United StatesMarch 5, 2025. By Anne Tyler Hall and Tim Kennedy*-Hall Benefits Law A plan sponsor’s fiduciary duty to be transparent in Pharmacy Benefit Manager contracts safeguards plan participants’ interests and mitigates the risk of litigation, regulatory penalties, and reputational harm, say Hall Benefits Law practitioners. Pharmacy Benefit Managers (PBMs), particularly the Big 3 PBMs (CVS Caremark, Express Scripts, and OptumRx), have leveraged their mar…See the Story
PBM Contracts Could Expose Plan Sponsors to Fiduciary Liability
United States · United StatesChairperson of the Benazir Income Support Programme Senator Rubina Khalid discusses the various pro-poor activities in a meeting with Managing Director Pakistan Bait-ul-Mal Senator Captain Shaheen Khalid Butt at PBM Head Office on March 4, 2025. — APPIslamabad: Chairperson of the Benazir...See the Story
BISP, PBM chiefs discuss mutual cooperation
100% Right coverage: 1 sources
Senate · United StatesSenate Democrats on Thursday are introducing as standalone legislation a package of health policies, including changes to the pharmacy benefit manager (PBM) industry that was left out of December’s government spending bill. The effort, led by Sen. Ron Wyden (D-Ore.) and others, is an attempt to revive bipartisan reforms and funding extensions without trying to…See the Story
Senate Democrats to introduce PBM changes, health provisions dropped from December spending bill
60% Center coverage: 5 sources
