New PBM Rules Raise Compliance Stakes for Employers
Employers that sponsor health plans will face a new layer of compliance risk under the Consolidated Appropriations Act of 2026, which imposes sweeping transparency and reporting rules on pharmacy benefit managers (PBMs). The law aims to open up the "black box"
PBMs Feeling the Heat on All Fronts
While drugmakers have been assailed for years for increasing their prices and driving the cost of medications higher and higher, there is another player in the health care space that is receiving increased scrutiny: pharmacy benefit managers. PBMs are intermediaries, acting
PBM Trade Association Sues Over Transparency Rules
As the federal government continues rolling out new laws and regulations aimed at increasing price transparency in the health care industry, one group is fighting back: pharmacy benefit managers. The Pharmaceutical Care Management Association, a trade association for PBMs, has sued