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THREE PHARMACY-BENEFIT MANAGERS - CVS Health, Express Scripts and UnitedHealthcare - control more than 70 percent of the market, including more than half of the $138 billion specialty drug prescription market.

Partners turned into prey as insurers, drug plans get squeezed

Health Services 03/12/2018

NEW YORK – Over 20 years, Brian Komoto built a thriving pharmacy in California’s Central Valley. Each day, his nurses would travel the vast...

CVS HEALTH'S pharmacy benefit management business came under fire, along with other PBMs, from the head of the Food and Drug Administration for holding drug prices artificially high. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

`Rigged’ system blocks use of lower-cost drugs, FDA chief says

Government 03/07/2018

WASHINGTON – A “rigged payment scheme” between drug plans, insurers and pharmaceutical companies has blocked access to less-expensive versions of some of the most costly drugs...

Drug middlemen have slim profit margins — Just ask them

Health Services 04/03/2017

NEW YORK - Companies of all kinds try to present their financial results in the best light possible to attract investors. One segment of the...

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