Purchaser Business Group on Health (PBGH) News

Biden’s Proposed Inflation Cap on Drug Prices Includes Private Insurance Plans

Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision in President Joe Biden’s sweeping social agenda bill. It’s meant to break the cycle of annual price increases for widely used medicines. That …

Large Private Employer Coalition Creates Pharmacy Benefit Management Firm

A nonprofit coalition of nearly 40 private employers, including U.S. retailers Walmart and Costco, said on Monday it has launched a new company that would offer pharmacy benefit management (PBM) services for employers. With the COVID-19 pandemic weighing severely on …