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Delaware News



 Pages Tagged With: "Pharmacy Benefit Manager"

Delaware to Regulate Multi-Billion-Dollar Pharmacy Benefit Manager Industry, Protecting Consumers and Local Businesses

Department of Insurance will lead effort to rein in monopolistic behavior and excessive pharmaceutical costs Insurance Commissioner Trinidad Navarro announced today that the Delaware Department of Insurance will begin the process of building and enforcing regulations regarding Pharmacy Benefit Managers (PBMs) as a new law goes into effect. The new authorities of the department will […]




Auditor McGuiness Supports Federal Legislation to End PBMs’ Predatory Practices

DOVER, Del. – State Auditor Kathy McGuiness has supported the National Community Pharmacists Association (NCPA) as it pushes for federal legislation to address pharmacy benefit managers’ (PBMs) predatory practices. “It is heartrending to watch people have to decide between paying for their life-saving medications and buying food for their families,” McGuiness said. “It’s especially painful to […]




Auditor McGuiness: Survey Shows Predatory PBM Practices Destroying Independent Pharmacies

DOVER, Del. – A survey of Delaware’s independent community pharmacists on the impact of pharmacy benefit managers (PBMs) reveals predatory practices are potentially devastating these small businesses, State Auditor Kathy McGuiness said today as she released a new special report. “Your community pharmacists – who are your first line of defense when you are sick or […]




General Assembly Moves in Unison to Protect Consumers, Local Businesses, from Excessive Pharmaceutical Costs

Expanded oversight of Pharmacy Benefits Managers possible Legislation to further regulate the Pharmacy Benefits Manager industry was passed by the General Assembly in late June and sent to the Governor with unanimous bipartisan support. HB 219, sponsored by Rep. Andria Bennett, Sen. Spiros Mantzavinos, Senate President Pro Tempore Dave Sokola, and Rep. Mike Smith, would […]




Auditor McGuiness: Time to Reform Pharmacy Benefit Manager’s Oversight of State Employees’ Prescription Drug Plan

DOVER, DEL. – State Auditor Kathy McGuiness today released the following statement regarding proposed regulations for pharmacy benefit managers (PBMs): “This month, I released a report titled ‘Lack of Transparency & Accountability in Drug Pricing Could be Costing Taxpayers Millions’ that listed the ways poor contracting with Express Scripts Inc. (ESI) cost Delawareans over three […]







 Pages Tagged With: "Pharmacy Benefit Manager"

Delaware to Regulate Multi-Billion-Dollar Pharmacy Benefit Manager Industry, Protecting Consumers and Local Businesses

Department of Insurance will lead effort to rein in monopolistic behavior and excessive pharmaceutical costs Insurance Commissioner Trinidad Navarro announced today that the Delaware Department of Insurance will begin the process of building and enforcing regulations regarding Pharmacy Benefit Managers (PBMs) as a new law goes into effect. The new authorities of the department will […]




Auditor McGuiness Supports Federal Legislation to End PBMs’ Predatory Practices

DOVER, Del. – State Auditor Kathy McGuiness has supported the National Community Pharmacists Association (NCPA) as it pushes for federal legislation to address pharmacy benefit managers’ (PBMs) predatory practices. “It is heartrending to watch people have to decide between paying for their life-saving medications and buying food for their families,” McGuiness said. “It’s especially painful to […]




Auditor McGuiness: Survey Shows Predatory PBM Practices Destroying Independent Pharmacies

DOVER, Del. – A survey of Delaware’s independent community pharmacists on the impact of pharmacy benefit managers (PBMs) reveals predatory practices are potentially devastating these small businesses, State Auditor Kathy McGuiness said today as she released a new special report. “Your community pharmacists – who are your first line of defense when you are sick or […]




General Assembly Moves in Unison to Protect Consumers, Local Businesses, from Excessive Pharmaceutical Costs

Expanded oversight of Pharmacy Benefits Managers possible Legislation to further regulate the Pharmacy Benefits Manager industry was passed by the General Assembly in late June and sent to the Governor with unanimous bipartisan support. HB 219, sponsored by Rep. Andria Bennett, Sen. Spiros Mantzavinos, Senate President Pro Tempore Dave Sokola, and Rep. Mike Smith, would […]




Auditor McGuiness: Time to Reform Pharmacy Benefit Manager’s Oversight of State Employees’ Prescription Drug Plan

DOVER, DEL. – State Auditor Kathy McGuiness today released the following statement regarding proposed regulations for pharmacy benefit managers (PBMs): “This month, I released a report titled ‘Lack of Transparency & Accountability in Drug Pricing Could be Costing Taxpayers Millions’ that listed the ways poor contracting with Express Scripts Inc. (ESI) cost Delawareans over three […]