Drug Price Transparency News and Resources for Healthcare

Exploring Pharmacy Benefit Manager Reforms: Transparency

November 20, 2023 - Pharmacy benefit managers (PBMs) have received criticism over the past couple of years for pocketing savings intended for patients. While this rhetoric is true for some PBMs, a small subset of the market advocates for PBM transparency and implements it into their practices. PharmaNewsIntelligence interviewed Joseph M. Shields, Esq., managing director of Transparency-Rx, to discuss...

Escaping the Specialty Drug Tunnel with Cross-Benefit Strategies

September 25, 2023 by Optum

As the healthcare landscape evolves, health plans manage an increasingly intricate web of claims and costs across the healthcare continuum. Managing specialty drugs — projected to exceed $665...

Kroger Health to End Express Scripts Pharmacy Provider Agreement

October 06, 2022 by Hayden Schmidt

Last week, Kroger Health — the grocery store chain’s pharmacy business — surprised Express Scripts with written notice of intention to terminate their agreement for commercial...

2020 Drug Price Increase Driven by Generic Drugs, Biosimilars

January 28, 2022 by Samantha McGrail

The estimated drug price inflation rate for this year is expected to have a moderate price increase, according to Vizient’s 2022 Pharmacy Market Outlook. The Vizient Pharmacy Program looked at...

Members of Congress Demand Transparency of Operation Warp Speed

July 28, 2020 by Samantha McGrail

Twenty-four members of Congress demand increased oversight and transparency of Operation Warp Speed vaccine development program in an official letter to HHS Secretary Alex Azar. In the letter, the...

Illinois Caps Out-of-Pocket Costs for Insulin at $100 for Insured

January 31, 2020 by Ana Mulero

Following in Colorado’s footsteps, Illinois became the second state to cap out-of-pocket costs for insulin at $100 for a 30-day supply after Gov. JB Pritzker signed SB 667 into law on January...

Drug Price Hikes Undeterred Despite Legislative Proposals

January 09, 2020 by Ana Mulero

Drug prices increased for 686 drug products during the first few weeks of 2020, the latest data from the Centers for Medicare and Medicaid Services shows, signaling it’s business as usual for...

250K Docs Using Drug Price Transparency Tools, Benefits Checkers

December 04, 2019 by Sara Heath

Nearly a quarter of a million providers are using a point-of-care drug price transparency tool and benefits checker when prescribing patients a medication, a considerable step up in recent years,...

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