A spat between Walgreens and U.S. Department of Defense’s Tricare pharmacy benefits program could prohibit nearly 6 million enrollees from obtaining medications from the company’s pharmacies next year.
Using settlement funds from two national pharmacy benefits management companies, Virginia is now able to aid its uninsured residents in accessing mental health treatment.
National health insurer Aetna, fresh from a disappointing second quarter earnings report, appears ready to sell its pharmacy benefit management business.
Bankers at Bank of America-Merrill Lynch and Credit Suisse have … Read →
The Maryland Insurance Administration is warning insurance carriers that they can only contract with pharmacy benefit managers that have registered with the state, beginning July 1.
WellPoint Inc. has announced that it plans to sell its NextRx pharmacy benefits management subsidiary to St. Louis, Mo.-based Express Scripts for $4.7 billion.
The deal includes consideration for the value … Read →
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.