Pharmacy-benefit managers find ways to boost their bottom line at the expense of employers and patients I’ve studied the drug supply chain for years. Like many economists, I saw pharmacy-benefit managers (PBMs) as valuable actors in restraining drug prices, particularly when they went to bat for employer-based health plans. I’ve had a change of heart. [...]
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The AMA is strongly opposed to the pending merger between CVS Health and Aetna, citing the potential for anticompetitive pharmacy benefit management practices. August 08, 2018 - The American Medical Association is urging the Department of Justice to squash the proposed merger between CVS Health and Aetna. The combined entity would drastically reduce competition in many [...]