As the 119th Congress convenes, policymakers have a historic opportunity to lower prescription drug prices for Americans. As ...

Sen. James Lankford has been trying to pass legislation in response to an industry he believes will leave small towns without ...

Cigna's Evernorth Health Services said on Wednesday its actions will enhance transparency about the company's negotiations.

A bill that aims to increase pharmacy benefit managers’ transparency by requiring them to report data to the agency that ...

The industry says it keeps down the cost of prescription drugs, but critics say it's profiting at the expense of patients.

Supporters say the bill is intended to help community health clinics access discounted drugs, but the pharmaceutical industry ...

It’s the latest step from pharmacy benefit managers to respond to relentless criticism from politicians and regulators over ...

Two health care advocates say Congress should closely regulate pharmacy benefit managers, who work between health plans and drug manufacturers to negotiate discounts on medications. File photo ...

Pharmacy benefits managers act as intermediaries between health plans, drug manufacturers and pharmacies, but their lack of transparency has raised concerns. PBMs retain rebates and discounts from ...

"Given the fact that there are states, counties, cities, school districts, pension funds, and other plaintiffs from all over ...