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 ...

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

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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 ...

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 ...

This isn't a story of bad actors. It's a story of system fragmentation -- one where technology, insurers, pharmacies, and ...

Managing your prescription drug costs can be confusing and aggravating. But the federal government is taking steps to try and fix at least some of the problems like eliminating a gag order that ...

Retail pharmacists across the country are facing a new wave of challenges, and insurance issues are at the center of it all. From rejected claims to delayed reimbursements, these problems are clogging ...

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 ...

A pharmacist was sentenced to more than five years in prison for bilking health insurance companies by submitting claims for prescriptions that were never written or filled, a prosecutor said Tuesday.