Pharmacy Benefit Managers and Mail Order: Middlemen Win, Patients Lose; New Analysis Shows FTC Issued Flawed PBM Study to Congress
U.S. Newswire, May, 2006
ALEXANDRIA, May 12 /U.S. Newswire/ -- The National Community Pharmacists Association (NCPA) today released the findings of a detailed study that exposes the "self-dealing" and inherent conflicts of interest of pharmacy benefit managers (PBMs) in operating their own mail order pharmacies in the Medicare Part D program.
"An Assessment of the Federal Trade Commission Conflict of Interest Study" was conducted by PharmaBio Strategy Consulting and commissioned by NCPA to review the data used and the conclusions reached by the Federal Trade Commission (FTC) in their congressionally mandated Medicare Modernization Act (MMA) study. As a result of PharmaBio's review of the FTC study titled, "Pharmacy Benefit Managers: Ownership of Mail Order Pharmacies," NCPA is requesting an...
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