PrescriptionDrugs

Colombia's Prescription Drug Crisis: A Deepening Shortage Amidst Political Turmoil

2 days ago

Colombia is currently grappling with a significant shortage of prescription drugs, a compelling issue that has escalated due to ongoing conflicts between President Gustavo Petro's administration and the country's health insurers. This situation has ignited concerns over the accessibility of essential medications for the populace, raising alarm bells about the health and well-being of many citizens who rely on these drugs for their daily health needs.

JPMorgan Faces Legal Challenges Over Alleged Overpayments for Prescription Drugs

21 days ago

In a significant legal development, JPMorgan Chase & Co. is facing a lawsuit from a former employee who claims the bank excessively overpaid for its prescription drug benefits. The accusations arise from the assertion that JPMorgan mismanaged its health plan, resulting in inflated costs for prescription medications.

Cigna Takes Action to Ease Out-of-Pocket Drug Costs for U.S. Patients

2 months ago

The health insurance giant Cigna has announced a significant change in its policy aimed at alleviating the financial burdens on U.S. patients regarding out-of-pocket costs for medications. This new initiative is set to limit how much patients are required to pay out of their own pockets for necessary prescription drugs, reflecting a growing trend among insurers to tackle rising healthcare expenses.

New York State Unveils Strict Regulations for Pharmacy Benefit Managers

4 months ago

In a significant move aimed at curbing the influence of Pharmacy Benefit Managers (PBMs), New York State has introduced new regulations that are expected to reshape how these organizations operate. The legislation primarily targets well-known names in the industry such as CVS, Cigna, and UnitedHealth, enforcing greater transparency and accountability in their practices.