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Governor Newsom Vetoes PBM Reform Bill SB 966

The California Pharmacists Association (CPhA) expressed disappointment after Governor Newsom vetoed SB 966, a Pharmacy Benefit Manager (PBM) reform bill co-sponsored by the CPhA and authored by Senator Scott Wiener....

FTC Sues Drug Middlemen for Inflating Insulin Prices

The Federal Trade Commission (FTC) has filed a lawsuit against three major U.S. pharmacy benefit managers (PBMs)—Optum Rx (UnitedHealth), Caremark (CVS), and Express Scripts (Cigna)—alleging that they inflate insulin...