1. PBM Reform Nears: Congress, Labor Dept. Target Pharmacy Benefit Managers with Fiduciary Rules
After years of complaints from patients, pharmacies, and employers, Washington is finally moving to fundamentally reform Pharmacy Benefit Managers (PBMs). The core of the coming change is a push to make PBMs legally accountable as fiduciaries, aligning their financial incentives with the employers and patients they ser...