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LIPA News and Updates
Pharmacy Benefit Managers and the Federal Trade Commission: A Relationship Gone Sour
JAMA Authors: Barak D. Richman, JD, PhD1; Eli Y. Adashi, MD, MS2 On June 7, 2022, the Federal Trade Commission (FTC) announced its...
The Big Three PBMs’ 2023 Formulary Exclusions: Observations on Insulin, Humira, and Biosimilars
Drug Channels Adam J. Fein, PhD For 2023, the three largest pharmacy benefit managers (PBMs)—Caremark (CVS Health), Express Scripts...
State rep. asks Legislative Auditor to review OGB & Caremark PCS Health contract
Rep. Mike Johnson (R-Dist. 27) believes action taken to enter in contract “illegal,” “should be voided” KALB News 5 State Rep. Mike...
States take action against pharmacy benefit manager’s 340b workarounds
KTTN News With Community Health Centers’ funding facing challenges from pharmacy benefit managers, some state lawmakers are getting...
Attorney General Jeff Landry writes letter to Governor Edwards
Louisiana Attorney General Jeff Landry wrote a letter to Louisiana Governor John Bel Edwards and Commissioner of Administration Jay...
Temporary restraining order granted blocking Louisiana’s $2B pharmacy contract
KALB News5 A temporary 10-day restraining order has been granted by Judge Kelly Balfour in the 19th Judicial District Court to block...
State workers’ $2B pharmacy contract could impact where you get your prescriptions filled
Louisiana KALB News 5 Reporter Dylan Domangue Starting Jan. 1, 2023, over 200,000 state workers under the Office of Group Benefits could...
ANOTHER BATTLE OF THE BRANCHES
LA Politics Weekly | From the Desk of Jeremy Alford Attorney General Jeff Landry filed a petition Wednesday to intervene in a lawsuit...
Patients could feel pinch as health plans seek to offload pricey prescription costs
CBS News Anna Sutton was shocked when she received a letter from her husband's job-based health plan stating that Humira, an expensive...
Thousands of Tricare Pharmacy Locations Could Be Lost Due to Kroger-Albertsons Merger
Military.com | By Patricia Kime A planned merger of Kroger and Albertsons grocery corporations could slash the number of Tricare network...
‘Any Willing Provider’ Law Levels Playing Field for SP Contracts
Pharmacy Practice News Given the importance of “any willing provider” (AWP) laws, which allow patients to select the pharmacy they prefer...
Elon Musk, Bernie Sanders and Others Miss the Mark Over Pricey Insulin
Big Pharma has taken much of the heat for sky-high insulin prices, but scrutiny could soon shift to other companies grabbing a growing...
Hidden audits reveal millions in overcharges by Medicare Advantage plans
NPR Shots: Health News Newly released federal audits reveal widespread overcharges and other errors in payments to Medicare Advantage...
This small-town pharmacy may be a model for more affordable drugs
STAT News Honest Rx operates like any other pharmacy in the United States — with one big exception. It does not accept health insurance....
Behind the GoodRx-Express Scripts Partnership: How PBMs Profit from Discount Cards in Pharmacy
Drug Channels Drug Channels is written by Adam J. Fein, Ph.D. Last week, GoodRx announced that it would become the exclusive prescription...
FTC Restores Rigorous Enforcement of Law Banning Unfair Methods of Competition
Policy statement renews agency’s commitment to exercising full legal authority against companies that use unfair tactics to gain an...
Satisfaction with pharmacy benefit managers declined in 2022, report shows
Employers are less satisfied with their PBMs, likely a result of cost and poor public opinion. Healthcare Dive Dive Brief: Customers’...
Nearly 20% of Medicare Advantage plans lose star revenue for 2023
Modern Healthcare Just half of Medicare Advantage plans with prescription drug coverage received ratings that will earn them bonuses for...
Insurer Sales of Medicare Plans Unleash Senior Backlash
Bloomberg Prognosis By: John Tozzi Hi, it’s John in New York. October marks the the start of insurers’ rush to sell Medicare plans to...
Steps Pharmacies Can Take to Prepare for Hurricanes
Pharmacy Practice News Author: Kate Baggaley Hurricane Ian made landfall on the Florida peninsula as a category 4 hurricane near Cayo...
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