[09/30/24]
Posted on September 30, 2024 in Health Law News
Published by: Hall Render
On September 20, 2024, the Federal Trade Commission (“FTC”) filed an administrative complaint against Caremark Rx, Express Scripts and OptumRx, and their affiliated group purchasing organizations (“GPOs”), for engaging in anticompetitive and unfair rebate practices resulting in the artificial inflation of insulin prices. The FTC alleged that by creating a system in which drug... READ MORE
Tags: Federal Trade Commission, FTC, GPO, Group purchasing organizations, PBM, pharmacy benefit managers
[06/23/23]
Posted on June 23, 2023 in Health Law News
Published by: Hall Render
In the latest effort to increase price transparency and lower prescription drug costs, the Centers for Medicare & Medicaid Services (“CMS”) issued a proposed rule (“Proposed Rule”) that, in part, intends to reveal the actual cost of drugs covered by Medicaid. The Proposed Rule includes two new initiatives: A Medicaid managed care organization (“MCO”)... READ MORE
Tags: cms, Manufacturer Survey Requirements, medicaid, PBM, spread pricing
[06/15/22]
Posted on June 15, 2022 in Health Law News
Published by: Hall Render
On June 7, 2022, the Federal Trade Commission (“FTC”) announced that it would launch an inquiry into the business practices of the nation’s six largest pharmacy benefit managers (“PBMs”). The inquiry will investigate the impact of vertically integrated PBMs on the access and affordability of prescription drugs. This news comes at a time when... READ MORE
Tags: Federal Trade Comission, FTC, PBM, pharmacy benefit managers
[12/23/20]
Posted on December 23, 2020 in Health Law News
Published by: Hall Render
On December 10, 2020, the Supreme Court of the United States (the “Supreme Court”) unanimously overturned an Eighth Circuit decision in the case of Rutledge v. Pharmaceutical Care Management Association. In the case, the Supreme Court held that an Arkansas law known as Act 900, which regulates the rates at which pharmacy benefit managers... READ MORE
Tags: Employee Retirement Income Security Act of 1974, PBM, Pharmaceutical Care Management Association, pharmacy benefit managers, Rutledge v. Pharmaceutical Care Management Association, supreme court
[07/31/20]
Posted on July 31, 2020 in Health Law News
Published by: Hall Render
On July 24, 2020, President Trump announced four Executive Orders (“Executive Orders”) characterized as focusing on lowering drug prices via various mechanisms. These Executive Orders, described in more detail below, include: (1) Executive Order on Access to Affordable Life-saving Medications; (2) Executive Order on Lowering Prices for Patients by Eliminating Kickbacks to Middlemen; (3)... READ MORE
Tags: 340B, AKS, Anti-Kickback Statute, Drug Pricing, PBM, PDP, pharmaceutical industry, pharmacy benefit managers, Prescription Drug Plan
[01/17/20]
Posted on January 17, 2020 in Health Law News
Published by: Hall Render
On January 8, 2020, the Centers for Medicare & Medicaid Services (“CMS”) released an Informational Bulletin titled “Best Practices for Avoiding 340B Duplicate Discounts in Medicaid” (“Bulletin”). The Bulletin outlines best practices that CMS encourages state Medicaid agencies to consider to avoid the situation where a manufacturer provides both a Medicaid drug rebate and... READ MORE
Tags: 340B, 340B Drug Discount Program, Health Resources & Services Administration, HRSA, MDRP, Medicaid Drug Rebate Program, Medicaid Exclusion File, MEF, National Provider Identification, npi, PBM, pharmacy benefit managers
[05/10/19]
Posted on May 10, 2019 in Federal Advocacy
Published by: Hall Render
Addressing “Surprise” Medical Bills High Priority for Administration and Congress Yesterday, President Trump held an address at the White House where he emphasized that Congress should act to “hold insurance companies and hospitals totally accountable” for surprise medical bills. A surprise medical bill, more commonly known as balance billing, occurs when patients, through no... READ MORE
Tags: ACA, Affordable Care Act, PBM
[04/12/19]
Posted on April 12, 2019 in Federal Advocacy
Published by: Hall Render
Congressional Leaders Discuss Health Care Priorities Congress’ top leaders, Senate Majority Leader Mitch McConnell (R-KY) and House Speaker Nancy Pelosi (D-CA), announced they are not embracing “Medicare for All” as a priority at the American Hospital Association’s annual Washington conference. Both leaders reinforced that each chamber will pursue largely separate health care agendas in... READ MORE
Tags: Affordable Care Act, medicaid, Medicare, PBM, pharmacy benefit managers
[11/21/18]
Posted on November 21, 2018 in Health Law News
Published by: Hall Render
The Centers for Medicare & Medicaid Services (“CMS”) recently issued a proposed rule (“Proposed Rule”) that would require pharmaceutical manufacturers to disclose the list price for a typical course of treatment of prescription drugs and biologics covered by Medicare or Medicaid in direct-to-consumer television advertisements. This policy development comes just two months after the... READ MORE
Tags: Centers for Medicare & Medicaid Services, cms, Drug Prices, PBM, prescription drugs, Wholesale Acquisition Cost
[10/04/18]
Posted on October 4, 2018 in Health Law News
Published by: Hall Render
On September 17, 2018, the U.S. Department of Justice (“DOJ”) approved the $52 billion vertical merger between health insurer Cigna Corp. (“Cigna”) and pharmacy benefit manager (“PBM”) Express Scripts. The Cigna-Express Scripts merger is just one in a string of recent health insurer/PBM acquisitions. For more on these transactions, click here. As the largest unaffiliated... READ MORE
Tags: Antitrust, Cigna, Department of Justice, DOJ, Express Scripts, PBM, pharmacy benefit manager, Vertical Merger