President Trump said that prescription benefit managers, or PBMs, would be left out of a new government initiative aimed at ...

Sen. Josh Hawley, R-Mo., demanded Tuesday that Congress move to stop insurance companies from owning pharmacy benefit ...

The Most Favored Nation directive would allow drugmakers to directly sell their products to patients at a lower cost, cutting ...

Gov. Gavin Newsom will seek to regulate prescription drug intermediaries, eight months after vetoing a similar bill.

Michigan Attorney General Dana Nessel sued Express Scripts Inc. and Prime Therapeutics LLC, two pharmacy benefit managers ...

Iowa, suggested Congress could once again move to overhaul PBMs’ controversial business practices after legislators pass ...

SAN ANTONIO — Today, President Trump signed an executive order aiming to cut prescription drug prices for Medicare. The order ...

Three pharmacy benefit managers dominate the industry: CVS Caremark, Express Scripts and OptumRx represent more than 80% of the market. Drug spending has risen 56% since 2017 Pressure has been growing ...