I’ve come across a very informative article written by William McConnell, “Behind the War Between HealthPlans and PBMs” that I want to share with you today. Click here to access the article.

Interestingly, the author predicts that despite the new administration’s pledge to reduce drug cost and spending, it’s unrealistic to expect that anything will

Happy 2017 to all of you working with PBMs! You made it through a tough 2016. By that I mean:

  • Increased PBM transparency

  • Constant pressure on lowering cost

  • Shorter-term contracts

  • Change in specialty drugs delivery and reimbursement models

  • Lower pharmacy reimbursements

In 2016, prescription drug prices rose an average of 7% (the largest increase in