Pharmacy benefit managers overcharged for specialty generic medications — in many cases by hundreds and thousands of percent ...

The industry says it keeps down the cost of prescription drugs, but critics say it's profiting at the expense of patients.

The pressure against pharmacy benefit managers (PBMs) continues to build. On Tuesday, the Federal Trade Commission released ...

Two health care advocates say Congress should closely regulate pharmacy benefit managers, who work between health plans and drug manufacturers to negotiate discounts on medications. File photo ...

Cigna executives kicked off Thursday’s earnings call by responding to pharmacy benefit manager critics with a number of reforms.

Pharmacy benefit managers, or PBMs, act as middlemen between drug companies and consumers. They negotiate volume discounts and fees with drug manufacturers on behalf of employers and health plans ...

Employers who sponsor health plans typically utilize administrators, like pharmacy benefits managers, to facilitate those ...

The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.

Pharmacy benefits managers act as intermediaries between health plans, drug manufacturers and pharmacies, but their lack of transparency has raised concerns. PBMs retain rebates and discounts from ...

In late December, President-elect Donald Trump put pharmacy benefit ... the Health Transformation Alliance, a coalition of large self-insured employers focused on improving their health plans.