Pharmacists often say their businesses can’t survive under the reimbursement rates set by pharmacy benefit managers, the middlemen. Sometimes, they pay more for drugs than they’re allowed to charge ...

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CHANTILLY, Va. & ALGONA, Iowa--(BUSINESS WIRE)--Medmarc Insurance Group (Medmarc), a subsidiary of ProAssurance Corporation and Pharmacists Mutual Group (Pharmacists Mutual) today announced a ...

There are 2 sources to consider in determining whether a pharmacist would be covered for any errors and omissions, also known as negligence, when working in a pharmacy. The first is contract law and ...

Explore how PBMs negotiate drug costs, serve as middlemen between insurers and drug makers, and why they're vital yet controversial in healthcare.

It seems logical that customers buying prescription drugs with insurance should pay less than if they pay the entire cost themselves. But sometimes, that is not the case, and patients end up ...

ELIZABETH — A licensed pharmacist who admitted to fraud has agreed to reimburse an insurance company more than $235,000, authorities said. Victor Fakondo, 53, pleaded guilty to insurance fraud this ...

JACKSON, Miss.-- Pharmacists want Mississippi lawmakers to force an end to limits on where people covered by certain insurance plans can get prescriptions filled. However, lobbyists for some pharmacy ...

KANSAS CITY, Mo. -- A woman who won a $2.2 billion verdict against Robert Courtney and his pharmacy last month has sued Courtney's insurance company. The lawsuit was filed this week in Jackson County ...

Even when Americans have health insurance, they can have a hard time affording the drugs they've been prescribed.

CHICAGO--A Chicago pharmacist was sentenced to seven years in federal prison after being convicted at trial of collecting more than $1.7 million through false claims he submitted to insurance ...