pharmacy benefit manager (PBM)

The lawsuit alleges CVS secretly kept prescription drug discount savings instead of passing them on to the University of Kansas Hospital Authority. The suit says CVS then terminated its contract when the hospital asked for an audit.

Independent rural pharmacists are starting other businesses or selling baby shower gifts to keep their stores operating. Pharmacy deserts affect 4 million Texans.

Senate Bill 360 was the original bill introduced to regulate pharmacy benefit managers, or PBMs.

Legislators share frustration with inaction on two bills tied to pricing of medicine

The Senate Committee on Financial Institutions and Insurance passed the bill last week, but it still needs approval from the full Senate and House.

As health insurance costs soar, lowering prescription prices could help. But that will require reforms in Jefferson City and Topeka.