Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the prices of dozens of specialty generic drugs ...
Leigh Purvis, a prescription drug policy principal with the AARP Public Policy Institute, noted that the median price of a new brand drug is around $300K annually. The Inflation Reduction Act ...
About 53 million Americans were enrolled in a Medicare prescription drug plan in 2024. Enrollees who take the priciest drugs will get some relief this year with a $2,000 cap on drug costs.