Two of the largest pharmacy benefit managers in the United States are suing the Arkansas Board of Pharmacy to stop a new law that prohibits the drug middlemen from owning pharmacies in the state, ...

CVS and Express Scripts filed separate lawsuits recently challenging a new Arkansas law they say aims to put them out of business in the state. Act 624, which takes effect in January, bars PBMs from ...

Amid questions about the future of drug rebates, the nation’s largest pharmacy benefit managers have provided a rare moment of transparency. The actual percentage of rebates that PBMs keep has been ...

Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. Federal regulators are accusing the country's three largest ...

There have been several recent efforts to crack down on pharmacy benefit managers, from bills in Congress to an investigation by the Federal Trade Commission. But the state of Arkansas has been the ...

They're the two biggest pharmacy benefits managers in the world, and they compete against each other every day. While CVS Health boasts a higher market cap thanks to its retail pharmacies, Express ...