Pharmacy Benefit Managers: Market Power and Lack of Transparency

Today, the American Consumer Institute published a new educational ConsumerGram on Pharmacy Benefit Managers (PBMs) and how their market influence and lack of transparency can influence consumer drug pricing. PBMs are virtually unregulated in what is an otherwise regulated health care sector. The ACI analysis of the PBM market highlights several issues surrounding PBM negotiations […]

Real Clear Health — The Middlemen in Higher Drug Prices

A consumer needs a prescription filled and goes to their local pharmacy. The pharmacist asks for your prescription benefits card, does some paperwork, gives you a generic drug and charges you according to your plan’s standard deductible, say $15. That may seem like a typical experience, but what this consumer may not have known is […]

ACI Dispointed With FTC Decision, Urgers Legal Action

ACI Urges Legal Action to Block Mega-PBM Merger Says ESI/Medco Merger Will Increase Health Care Costs and Reduce Competition WASHINGTON, D.C. — The American Consumer Institute Center for Citizen Research (ACI) today expressed disappointment in the Federal Trade Commission (FTC) decision not to block the merger between Express Scripts, Inc. (ESI) and Medco Health Solutions […]

Pociask’s Op-ed In THE HILL’s Congressional Blog

The Solution Can Sometimes Be Worse than the Problem (Published in THE HILL’s Congressional Blog on January 6, 2012 as “FTC should block proposed Express Scripts-Medco merger”  The perfect example of the law of unintended consequences can be found in the 7 million acres from Texas to Washington DC that is covered by Kudzu vines.  […]

ESI/Medco Merger Needs a Second Opinion

You may never have heard of them before, but Express Scripts, Inc. (ESI) and Medco are two of the most important companies in the United States.  These two corporations are pharmacy benefit managers (PBMs), businesses that act as middlemen between the pharmaceutical companies and pharmacies (as well as between drug companies and sponsors of prescription […]