pharmacy benefit managers News

Suit Alleges Valeant Ran Secret Prescription Refill Scam

Valeant Pharmaceuticals International Inc. refilled patients’ prescriptions without their permission and steered them to more expensive drugs in order to boost sales and profits, according to a lawsuit that sheds new light on the drug company’s secret operations. T. Rowe …

Oklahoma Insurance Commissioner: Department Can Fund Itself

Oklahoma Insurance Commissioner John D. Doak has requested that the Oklahoma Insurance Department (OID) no longer receive appropriated funds from the state. He said his office as the has the ability to function on the licensing fees it collects. With …

More States Eye Use of Drug Formularies in Workers’ Compensation

While workers’ compensation pharmacy benefit managers have been utilizing drug formularies to control prescription drugs costs and monitor medical treatments for a long time, states are now catching on. Drug formularies are lists of prescription drugs that are considered appropriate …

Prescription Benefit Managers Excluding More High-Priced Drugs

Steve Miller is waging war on high- priced medicine, guiding decisions to ban drugs from the health plans of millions of Americans and sending companies reeling in a $270 billion market. He and his colleagues at Express Scripts Holding Co. …

Oklahoma Panel Clears Prescription Drug Regulation Bill

Calling it a matter of public safety, a state lawmaker convinced an Oklahoma House committee to extend state oversight to companies that act as a middleman between pharmacies and people filling prescriptions through their employer’s health insurance. Pharmacy benefit managers, …

Oklahoma Bill Would Regulate Pharmacy Benefit Managers

A bill introduced in the Oklahoma Legislature seeks to regulate pharmacy benefit managers State Rep. David Derby (R-Owasso) and state Sen. Rob Standridge (R-Norman) introduced House 2100, to bring pharmacy benefit managers under the regulation of the Oklahoma State Board …