Third-party companies known as pharmacy benefit managers, which administer prescription drug benefits for health insurance ...

The developer of a spray-based erectile dysfunctional treatment, LTR Pharma has found a pre-approval route to the US market.

The PBM says the payment model more closely aligns with the costs pharmacies often face due to "manufacturer pricing actions." ...

Optum Rx will align payment models more closely to the costs pharmacies may face due to manufacturing pricing actions effective immediately and with full implementation by January ...

UnitedHealth Group’s UNH Optum Rx recently announced a major step toward modernizing pharmacy payments, a decision that could ...

Unicameral bills winning a priority bill designation will move ahead of others for first-round floor debate if they advance from committee before the Legislature adjourns its 90-day 2025 session.

Optum — which is UnitedHealth Group’s division that controls one of the nation’s largest pharmacy benefit managers — is moving to improve access and pricing for prescription drugs by cutting some ...

Optum Rx's new cost-based program uses an internal algorithm that leverages multiple available industry data sources, such as ...

UnitedHealth Group’s pharmacy benefit manager OptumRx plans to cut up to 25% of its medication reauthorizations. OptumRx will ...

A pharmacy benefit manager negotiates prices with wholesalers, sets reimbursement rates on drugs and compiles the lists of which medicines an insurer will cover. But critics describe the industry as ...

A rise in the use of non-FDA-approved diabetes and obesity medications has spurred health care professionals and medical ...

through an app. They could also provide a prescription drug pricing tool similar to Optum Rx Price Edge to help consumers find the best price for a given drug. Offering a telemedicine option would ...