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The $280 billion drug-benefit industry has fought off efforts by a number of states to impose a fiduciary standard by arguing that U.S. employment law takes precedence. (Image: Shutterstock)Forcing prescription-plan middlemen to put clients first is one tool the Trump administration could use to try to cut high pharmaceutical costs, though such a move is likely to face vigorous industry opposition.
President Donald Trump said last week that high drug prices have made pharmacy-benefit managers “very, very rich” as they negotiate the cost of everything from cancer treatments to cholesterol drugs for U.S. health plans and employers.
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Here's why February 1, 2022 should be marked on your calendar, among other things.
A new California law requires health insurers to reduce wait times for mental health care to no more than 10 business days.
The government argued the petitioners haven't shown their claimed injuries outweigh the government's interest in protecting workers.
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