Contribute Try STAT+ Today

Amid rising scrutiny of pharmacy benefit manager practices, the Pennsylvania state auditor is recommending several steps that lawmakers should take to clamp down on these controversial middlemen in hopes of controlling prescription drug costs.

The effort was prompted after Ohio recently ended contracts with two of the largest PBMs over pricing practices in the Medicaid program that cost the state tens of millions of dollars, a step that triggered increased interest among officials in other states over contracts and an alleged lack of transparency.

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!


What is it?

STAT+ is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.

What's included?

  • Daily reporting and analysis
  • The most comprehensive industry coverage from a powerhouse team of reporters
  • Subscriber-only newsletters
  • Daily newsletters to brief you on the most important industry news of the day
  • STAT+ Conversations
  • Weekly opportunities to engage with our reporters and leading industry experts in live video conversations
  • Exclusive industry events
  • Premium access to subscriber-only networking events around the country
  • The best reporters in the industry
  • The most trusted and well-connected newsroom in the health care industry
  • And much more
  • Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.
  • Flat fee pricing for reimbursing PBM’s …. Let’s try it for a year nationally and we’ll see how many billions every state will save. The transparency PBM’s have in their contracts are , ” Take our below net payments or don’t accept the
    thousands of patients you could have filled prescriptions for”
    If the PBM’s had nothing to hide,why would they not want the findings released? Am I the only one who sees this Ed?
    For those that believe theres a fire wall .. I have a bridge for sale !!!!!

Comments are closed.