Update (April 11, 2019): In a haughty retaliation to the February pharma senate meeting, pharmacy benefit managers (PBMs) took the stand on Tuesday, April 9 to say they aren’t to blame for high drug prices. The five executives from major PBMs (Humana, CVS Caremark, Cigna, Express Scripts, Optum and Prime Therapeutics) argue that eliminating rebates wouldn’t … Continue reading Big Pharma Blames Rebate System for Price Hikes in Senate Meeting