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Lobbyists for drugmakers, pharmacists and large employers are pressing lawmakers in Congress to rein in pharmacy benefit managers, which they say are behind soaring drug costs, Politico reports. The effort to paint PBMs as villains has sparked a multimillion-dollar campaign to influence Democrats, who eager to show they are taking on the powerful drug industry to lower costs for Americans, the report says.
1. Hacking group Ransomhub claims to have stolen UnitedHealth data
2. Hackers leak stolen data from Change Healthcare on dark web
3. UnitedHealth estimates $1.6 billion loss from Change cyberattack
4. Ex-NBA player Will Bynum sentenced in insurance fraud scandal
5. Teladoc Health CEO Jason Gorevic steps down amid stock plunge
6. Biden administration limits Medicare Advantage broker compensation