The state also sued PBM Express Scripts on behalf of its Highway Patrol Retirement System in 2020, accusing it of millions of dollars in overcharges. That case is still pending. OptumRX and other ...

OptumRx deferred to the Pharmaceutical Care Management Association, a PBM trade group. "The impact to all PBMs is that they're not going to get the same level of savings if their hands are tied ...

A key House panel is demanding documents and communications from major pharmacy benefit managers CVS Caremark, Express Scripts and OptumRx on what ... reforms to the PBM industry, as efforts ...

In the lawsuit, Osterhaus Pharmacy said OptumRx forces pharmacies to accept one-sided contracts or lose access to millions of potential customers with pharmacy benefits through the PBM.

OptumRx contracts with plans covering almost one-quarter of Medicare beneficiaries in PBM-affiliated plans, according to a Drug Channels report cited in the suit. “To serve the millions of ...

We are in conversations with OptumRx today to determine why they are trying to back out," said Bethany McCorkle, spokesperson for the attorney general. What is a PBM or a pharmacy benefit manager?

The programs follow initiatives by OptumRx to increase drug price transparency for customers, and as lawmakers debate a number of PBM industry reforms. A House committee last week advanced a bill ...

June 27 (Reuters) - UnitedHealth Group's (UNH.N), opens new tab OptumRx pharmacy benefit manager ... government with a pharmacy benefit manager (PBM) over allegedly illicit opioid prescriptions.

OptumRx is utilizing big data analytics to unlock efficiencies, presenting a transformational moment in the PBM sector. Despite short-term stock underperformance, UnitedHealth Group's robust ...

Express Scripts and OptumRx, which are in turn owned by CVS Health, Cigna and UnitedHealth Group, respectively. These companies are considered the “Big 3” in the PBM industry, controlling ...