Tag: PBM

The Alabama Department of Insurance recently completed an organizational restructuring, according to a spokesperson on Monday.

The Alabama Department of Insurance recently promoted Michael Herron to lead pharmacy benefit manager compliance specialist within the Department's PBM Compliance Division. 

Patients and independent pharmacies across the state are still paying the price due to deceptive PBM influences.

After weeks of negotiation and compromise, the Alabama Legislature finally passed legislation regulating Pharmacy Benefit Managers (PBMs) this week, sending it to Gov. Kay Ivey for her signature.

On Tuesday, the Alabama House of Representatives unanimously passed amended legislation regulating Pharmacy Benefit Managers, sending it to Gov. Kay Ivey’s desk for a signature after the Senate voted to concur with the House’s amendments.

Two bills filed in the Alabama Senate that would regulate pharmacy benefit managers received a public hearing in the Senate Banking and Insurance Committee on Wednesday.

The PBMs and mega-insurance companies are making billions of dollars while we are denied the vital medication we need and our pharmacists are in danger of closing their doors. This is a crisis.

State Sen. Larry Stutts (R-Tuscumbia) seeks to curb some perceived abuses by Pharmacy Benefits Managers (PBMs), companies that act as intermediaries between health insurers, pharmaceutical companies and consumers.

Protect Alabama small businesses and jobs. Keep revenue in local communities instead of shipping it out of state to mail-order pharmacies.

Two bills were filed last week in the Alabama Senate that would regulate pharmacy benefit managers (PBMs).

It's hard to unsee the cancerous mass the health care system has become.