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PBMs – and pharma – draw bipartisan fire in House Oversight Committee hearing

By Alan Goforth

PBM lobby PCMA and drugmaker lobby PhRMA testified at a House Oversight Committee hearing last week, often pinning the blame for drug costs on each other, while bipartisan lawmakers agreed both were to blame.

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Satisfaction with PBMs sinks to lowest point in 10 years, study finds

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AstraZeneca accused of wrongfully cutting bonus for non-compliance with RTO policy

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September 22, 2023

Biden to ban medical bills from credit reports: Could this lead to upfront payment?

The Consumer Financial Protection Bureau is developing rules to bar unpaid medical bills from affecting patients' credit scores, however, industry leaders are questioning why medical providers are being singled out in their billing.

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September 22, 2023

Cigna sued (again) for allegedly using software that 'automatically' denies claims

The lawsuit alleges Cigna's "procedure-to-diagnosis," or PxDx software, reviewed and denied customer claims in batches without a medical professional reviewing those decisions.

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September 22, 2023

Generations of employees are more or less dissatisfied with their jobs, study finds

Flexible work options and mental health resources are important benefits employees want from their employers to increase satisfaction at work.

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September 22, 2023

Eli Lilly Sues pharmacies for allegedly selling knock-offs, mis-marketing drugs

This suit was surfaced by Law.com Radar. Read the complaint here.

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September 21, 2023

Federal Reserve leaves interest rates the same, but signals another hike in 2023

The labor market and consumer spending have remained resilient despite the rate hikes (the last one in July), but a resumption of student-loan payments next month will take discretionary spending power out of consumers' hands.

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September 21, 2023

Employer adoption of ICHRAs increases significantly, study finds

The average reimbursement amount for insurance premiums submitted over the last year was $573.14.

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September 20, 2023

Ex-Cigna employee pays $33,000 to settle insider-trading charges

When Cigna released its second-quarter financial performance on Aug. 5, 2021, its stock dropped by 13%, and Ferrie "realized an approximately 236% profit of $16,039.78 on his investment of $6,782.05," the complaint said.

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Top News Stories

PBMs – and pharma – draw bipartisan fire in House Oversight Committee hearing

Satisfaction with PBMs sinks to lowest point in 10 years, study finds

AstraZeneca accused of wrongfully cutting bonus for non-compliance with RTO policy

Recommended Just For You

News Stories

Biden to ban medical bills from credit reports: Could this lead to upfront payment?

Cigna sued (again) for allegedly using software that 'automatically' denies claims

Generations of employees are more or less dissatisfied with their jobs, study finds

Eli Lilly Sues pharmacies for allegedly selling knock-offs, mis-marketing drugs

Federal Reserve leaves interest rates the same, but signals another hike in 2023

Employer adoption of ICHRAs increases significantly, study finds

Ex-Cigna employee pays $33,000 to settle insider-trading charges