Navigation Links
New York's Anti-Mandatory Mail Order Law Underscores Growing Skepticism of PBMs

NEW YORK, Dec. 15, 2011 /PRNewswire/ -- New York Gov. Andrew Cuomo's pen was mighty as a sword on Tuesday when he signed into law a bill that bans Pharmacy Benefit Managers (PBMs) from forcing customers to use mail order pharmacies for prescription drugs. Cuomo and the New York State Assembly showed tremendous courage in standing up to a multi-billion dollar industry that spent hundreds of thousands of dollars lobbying against the new law.

While PBMs claim mandatory mail order lowers costs, documents obtained by the advocacy group Pharmacists United for Truth and Transparency show the opposite is true. Plan sponsors are routinely charged far more than retail price in mandatory mail order plans, and their lack of transparency keeps plan sponsors to detecting the unreasonable prices.

"PBMs say the new law will raise prices because the nation's largest pharmacy conglomerates lose their purchasing power and leverage to secure lower prices," said Dave Marley, spokesman for Pharmacists United for Truth and Transparency, a coalition of nearly 1,000 independent pharmacists working to expose PBMs. "The problem with that statement is PBMs rarely pass volume purchasing discounts on to plan sponsors."

Mandatory mail order is one of several unscrupulous profit-making tactics employed by PBMs – the middlemen that control prescription health plans for more than 200 million Americans. New York's anti-mandatory mail order law represents a major victory in the fight against PBMs, but only scratches the surface at exposing an industry run amok.

"The New York law calls out PBMs for one of their non-transparent games. Unfortunately, there are many others," said Marley. "We still need to address spread pricing, rebate pumping and the complex ways PBMs keep their profits at record-high levels. We hope state and federal policymakers see New York's anti-mandatory mail order as a call to action against PBMs."

To learn more about PBMs, mandatory mail order or the growing movement opposing them, contact Dave Marley: (336)-978-8107 or

About Pharmacists United for Truth and Transparency:

Pharmacists United for Truth and Transparency is a growing coalition of more than 600 independent pharmacists and industry experts dedicated to exposing widespread manipulation by pharmacy benefit managers (PBMs). The non-profit organization is funded by individual members—not corporations, lobbyists or other special interest groups. Visit to learn more.

SOURCE Pharmacists United for Truth and Transparency
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Sanomedics Signs Letter of Intent to Acquire Large Sleep Disorder Service Based Operation
2. Uroplasty to Present at the Canaccord Genuity 6th Annual Cardiovascular, Aesthetics & Metabolic Disorders Medical Device Conference
3. Cynosure to Present at Canaccord Genuity 6th Annual Cardiovascular, Aesthetics & Metabolic Disorders Conference
4. CryoLife to Present at 6th Annual Canaccord Genuity Cardiovascular, Aesthetics & Metabolic Disorders Conference
5. The Female Health Companys Distributor, Sekunjalo Investments Corporation (PTY) Ltd., Receives Order for 5 Million FC2 Female Condoms From the Republic of South Africa Department of Health
6. FDA Approves Eylea for Eye Disorder in Older People
7. Bayer Virtual Walk for Hemophilia Raises Awareness and Funds for People With Bleeding Disorders
8. Neuralstem Completes Phase Ia in Neuroregenerative Small Molecule Drug, NSI-189, Major Depressive Disorder Trial
9. Neurology Devices Market to 2017 - High Potential for Usage of Neurostimulation Devices in Multiple Neurological Disorders to Drive Market Growth
10. Central Nervous System Disorders Therapeutics Market to 2017 - Multiple Sclerosis, Major Depressive Disorder and Schizophrenia Accounted for Half the Market Value in 2010
11. FDA Approves First Generic Olanzapine to Treat Schizophrenia, Bipolar Disorder
Post Your Comments:
(Date:11/25/2015)... YORK , November 25, 2015 ... market of self-monitoring blood glucose devices was valued at ... grow with a CAGR of 5.7% during 2015 - ... geriatric population and increasing prevalence of diabetes. In addition, ... diabetes care is also contributing to the growth of ...
(Date:11/25/2015)... -- Developmental, commercial, and regulatory/legal strategies ... pharmaceutical products, says GBI Research . ... all play a key role in boosting the profitability ... . --> Developmental, commercial, and ... the profitability of pharmaceutical products, says GBI Research ...
(Date:11/25/2015)... Frankreich, November 25, 2015 ... dass sie eine Lizenz für das Patent über eine ... UCBL und ENS-Lyon innehaben, an Enyo Pharma vergeben haben. ... AAP8 ins Leben gerufenen und von Edelris gemeinsam mit ... als ein Behandlungsziel für HBV identifiziert, und es wurden ...
Breaking Medicine Technology:
(Date:11/26/2015)... ... 26, 2015 , ... Pixel Film Studios brings Final Cut ... Vintage. This newly styled ProTrailer pack comes with 30 all-new vintage-inspired designs, with ... users limitless opportunities to stylize and create designs quickly and easily, all within ...
(Date:11/25/2015)... (PRWEB) , ... November 25, 2015 , ... ... accessible for all, Water For Empowerment ™ attracts volunteers together who want ... water by empowering women as key stakeholders in the process. The non-profit launched ...
(Date:11/25/2015)... Cokato, MN (PRWEB) , ... November 25, 2015 ... ... manufacturer, launched offering factory direct sauna parts and accessories. , Sauna accessories ... representative of the bather’s style and personality. From basic styles for the purist ...
(Date:11/25/2015)... ... ... For the first time, Vitalalert is donating half of its earnings to ... between the two groups began in 2014 with Vitalalert pledging a portion of every ... founded in 1954 and is an international Christian-based health organization whose mission is to ...
(Date:11/25/2015)... OK (PRWEB) , ... November 25, 2015 , ... On ... International training center for the Narconon network, announced the release of a new cutting ... 1966 the Narconon organization has been working with drug- and alcohol-addicted individuals with the ...
Breaking Medicine News(10 mins):