A little more than a year ago, a network of pharmacists banded together to work to reform the industry of pharmacy benefits management, which has become rife with abuse and a lack of transparency over the past decade. Pharmacy benefits managers are third-party administrators of prescription drug programs that contract with employers, insurers and pharmacies to manage prescription drug coverage for pharmacy patients. 

Increasingly, both private and public sector groups are beginning to take a careful look at the practices of pharmacy benefits managers as employers and taxpayers become curious about massive PBM profits and unclear contracts.

Last week, the Taxpayers Protection Alliance, a non-profit organization focused on government waste, released a new report focused on the PBM industry's increasing use of mandatory mail-order prescription drug programs. The full report, The Expensive Truth Behind Taxpayer-Funded Mail Order Pharmaceuticals, is available here.

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