Amazon’s Next Step in the Pharmacy Industry

With the acquisition of PillPack, Amazon played another card in its high stakes contest of elbowing its way into retail pharmacy. Amazon has long been expected to make a move into the pharmacy space, and the 64,000 US retail pharmacies are not pleased to see Amazon sticking its big nose under their tent. Assuming that […]

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 […]

American Consumer Institute Distributes Compilation of Documents Expressing Concern About ESI/Medco Merger

PRESS RELEASE FOR IMMEDIATE RELEASE: March 13, 2012 American Consumer Institute Distributes Compilation of Documents Expressing Concern about ESI/Medco Merger Organization Urges People to Stand Up for American Consumers by Adding Voice   Washington, D.C. – The American Consumer Institute Center for Citizen Research (ACI) today released a compilation of documents expressing concern about the […]

An Analysis of Market Power in the PBM Market

Express Scripts and Medco, the two largest pharmacy benefit manager (PBMs), have proposed merging.  PBMs manage prescription drug plans for sponsors (corporations, governments and unions), acting as a middleman between the sponsors, drug manufacturers and pharmacies.  This ConsumerGram analyzes the nature of the market and the potential risks that may result from the merger.  To […]

ACI Sends Letter to FTC — PBM Merger Will Pose Anticompetitive Risks for Consumers

PDF VERSION IS AVAILABLE HERE — PCPAN_Letter_ACI to FTC   January 11, 2012 Chairman Jon Leibowitz Federal Trade Commission 600 Pennsylvania Avenue, NW Washington, DC 20580   Dear Chairman Leibowitz: The American Consumer Institute Center for Citizen Research is strongly opposed to the proposed merger between pharmacy benefit managers (PBM) Express Scripts, Inc. and Medco […]