Express Scripts, part of Cigna’s Evernorth, is overhauling its pharmacy benefits model to lower out-of-pocket costs and boost transparency. Initiatives include capped copays, passing negotiated ...

A pharmacy technician pulls medication from storage in the Exchange Pharmacy at Davis-Monthan Air Force Base, Ariz., May 23, 2023. (U.S. Air Force photo by Staff Sgt. Abbey Rieves) Two dozen Democrat ...

The Federal Trade Commission has reached a settlement with Express Scripts, one of the largest U.S. pharmacy benefit managers, over allegations it inflated drug prices to boost profits. The agreement ...

The MarketWatch News Department was not involved in the creation of this content. Nation's largest Pharmacy Benefits Manager accused of gaming its drug formulary and withholding billions in rebates ...

The FTC accuses major PBMs of inflating insulin prices, impacting patient costs and access to affordable medications. PBMs prioritize high-rebate drugs, contributing to high insulin prices and ...

Two of the largest pharmacy benefit managers in the United States are suing the Arkansas Board of Pharmacy to stop a new law that prohibits the drug middlemen from owning pharmacies in the state, ...

The Trump administration announced that the company, a pharmacy benefit manager, had agreed to make significant changes to its practices. By Rebecca Robbins and Reed Abelson Drugmakers including ...