Economic game theory predicts that rational decisionmakers will abandon any collective purchasing pool the moment someone offers a lower price for their better risk — and that predictable attrition is exactly what ignites death spirals.

Labor said it intends to issue a revised standard around May, leaving many advisors unclear about compliance obligations.

The funds will repay pharmacies for more than 68,000 prescriptions filled between January 2024 and August 2025.

AgAmerica alleges that Municipal Employees’ Retirement System of Michigan and affiliated entities misrepresented the status of the project to secure funding.