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THE FEDERAL TRADE COMMISSION said in its report “Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies” that PBMs “wield enormous power over patients’ ability to access and afford their prescription drugs, allowing PBMs to significantly influence what drugs are available and at what price.” / AP FILE PHOTO/CHRIS CARLSON

FTC criticizes ‘enormous power’ of pharmacy benefit managers in scathing report

PROVIDENCE – Drug middlemen are hurting small, independent pharmacies while reaping huge profits by inflating drug prices, according to a Federal Trade Commission staff...

Blame capitalism for this prescription drug problem?

Past public ire over high drug prices has recently taken a back seat to a more insidious problem – no drugs at any price. Patients...
PROPOSED CHANGES: Panelists at the 2019 PBN Spring Health Care Summit discuss efforts of President Donald Trump’s administration to undermine or replace the Affordable Care Act, as well as Trump’s proposed changes in regulations for accountable care organizations and the cost of prescription drugs. From left: Dr. Marylou Buyse, chief medical officer of Neighborhood Health Plan of R.I.; Dr. James E. Fanale, CEO of Care New England; Chris Ferraro, chief financial officer at Coastal Medical; Marie L. Ganim, R.I. health insurance commissioner; Stephen Kogut, professor of pharmacy practice at URI; and Zachary W. Sherman, director of HealthSource RI.
 / PBN PHOTO/RUPERT WHITELEY

Undermining of ACA could reverse R.I. gains

If repeated attempts by President Donald Trump’s administration to undermine or replace the Affordable Care Act aren’t thwarted, consequences in Rhode Island could be...
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