Jump to content

User:Cthant/Pharmacy benefit management/Bibliography

From Wikipedia, the free encyclopedia

You will be compiling your bibliography and creating an outline of the changes you will make in this sandbox.


Bibliography

[edit]

Edit this section to compile the bibliography for your Wikipedia assignment. Add the name and/or notes about what each source covers, then use the "Cite" button to generate the citation for that source

  • Bai, G., Sen, A.P. and Anderson, G.F. (2018) ‘Pharmacy Benefit Managers, Brand-Name Drug Prices, and Patient Cost Sharing’, Annals of Internal Medicine, 168(6), pp. 436–437. doi:10.7326/M17-2506.
  • This peer-reviewed academic journal written by Ge Bai, PhD, CPA; Aditi P. Sen, PhD; and Gerard F. Anderson, PhD explains how various PBM business practices lead to higher drug prices. This article was published on February 13, 2018, on Annals of Internal Medicine, a reputable internal medicine journal. It references studies and reports regarding practices of pharmacy benefit management and numerous journal articles, many of which are from 2017. This secondary source is helpful in that it provides background on how PBMs increase drug pricing, however, some of the information is outdated as more is known about specific PBM practices today. There is also bias in that the authors include their own opinions on how to best regulate drug pricing.
  • Dicken, J.E. (2024) PRESCRIPTION  DRUGS: Selected States’  Regulation of  Pharmacy Benefit  Managers. rep. U.S. Government Accountability Office. Available at: https://www.gao.gov/assets/gao-24-106898.pdf (Accessed: 04 October 2024).
  • This report was published by the US Government Accountability Office (GAO) in March 2024 following a study on what actions the five states selected in the study (Arkansas, California, Louisiana, Maine, and New York) took to regulate the activities of pharmacy benefit managers, describe stakeholders perceptions of PBM regulation, as well as identify learning outcomes of PBM regulation in these five states through interviews with regulators from each state. It also describes the procedure GAO used to obtain this information. This report provides findings from the GAO study; tables identifying which regulations each state has carried out, which areas of regulation representatives from different pharmacy associations are in favor of, as well as similar comments made from stakeholder representatives about certain areas of PBM regulation; and summaries from interviews with people from stakeholders such as state health plan associations, state pharmacy associations, as well as state regulators and national organizations assessing each groups’ views on Pharmacy Benefit Manager Regulation in each state. Additionally background information on health coverage by private health plans in the US, increasing trends in drug pricing, PBM functions, and state regulation policies is provided within the report. GAO provides adequate coverage on the methods that states are taking to more closely regulate the practices of PBMs as well as how effective each type of regulation is. This report is unbiased as it acknowledges the benefits and functions that PBMs provide for pharmacies, drug manufacturers, and health plan members.
  • Mattingly II, T.J., Hyman, D.A. and Bai, G. (2023) ‘Pharmacy Benefit Managers: History, Business Practices, Economics, and Policy’, JAMA Health Forum, 4(11), p. e233804. doi:10.1001/jamahealthforum.2023.3804.
  • This topical overview was written by Mattingly II, T.J., Hyman, D.A., and Bai, G. in 2023 to outline the entirety of the PBM industry. This is done through focusing on the history, past and current business practices, and statewide and national regulations. T.J. Mattingly II is the vice chair of research at the College of Pharmacy at the University of Utah. Ge Bai is a professor of health policy & management (joint) at Johns Hopkins Bloomberg School of Public Health. The Scott K. Ginsburg Professor of Health Law & Policy David Hyman is the Scott K. Ginsburg Professor of Health Law & Policy. This article was published on the Jama Heath Forum on November 3, 2023. Jama Health Forum is a peer-reviewed online forum. A lot of the information comes from other reputable scholarly articles and medical journals written by professionals in healthcare and business. This tertiary source provides up-to-date reliable background knowledge regarding the business practices of PBMs. Using this I can update any outdated information in my Wikipedia article. Using the references in this article I can also find many reliable sources related to the effects of PBMs on healthcare and policies that regulate PBM practices.
  • Mattingly, T. J., 2nd, Lewis, M., Socal, M. P., & Bai, G. (2022). State-level policy efforts to regulate pharmacy benefit managers (PBMs). Research in social & administrative pharmacy : RSAP, 18(11), 3995–4002. https://doi.org/10.1016/j.sapharm.2022.07.045
  • This peer-reviewed scholarly article was written by T. Joseph Mattingly II at the University of Maryland School of Pharmacy, Maisie Lewis at Johns Hopkins Bloomberg School of Public Health, Mariana P Socal at Johns Hopkins Bloomberg School of Public Health, and Ge Bai at Johns Hopkins Carey Business School. The purpose of this article is to review the ways that different states regulate PBM management and discuss the potential effects of PBMs on the healthcare system. This article is useful when discussing state-level regulation taking place in several aspects of PBM practice.
  • S.127 - 118th Congress (2023-2024): Pharmacy Benefit Manager Transparency Act of 2023. (2023, December 13). https://www.congress.gov/bill/118th-congress/senate-bill/127
  • Congress.gov provides information about the Transparency Act of 2023, a federal bill that is still in the first steps of becoming law. Congress.gov is the official website of the US Congress where information on bills, laws, and policies are posted. There is an overview of the bill where the most recent actions, progress in becoming law, and the information of the sponsor are listed. There is also a summary of the bill, a full-text version, and a list of all the government actions involved with the bill. The purpose of this page is to inform readers about what policies are included in the bill and any general information about it. This primary source is useful for citing specific passages from the bill to explain what impact it will have on the regulation of PBM business practices.
  • Thomson, D. (2024) ‘California may regulate and restrict pharmaceutical brokers’, Los Angeles Times, 16 September. Available at: https://www.latimes.com/business/story/2024-09-16/california-may-regulate-and-restrict-pharmaceutical-brokers (Accessed: 12 October 2024).
  • This Los Angeles Times Article was written by Don Thomson on September 16, 2024. Although a reliable publication, skews left in terms of bias. This article provides a brief overview of why people blame PBMs for the increasing drug prices, a summary of the Senate bill SB 966: Pharmacy benefits proposed by California Sen. Scott Wiener, and what that entails for struggling independent pharmacies. The article also provides perspectives on the bill from the side of the National Community Pharmacists Association as well as The Pharmaceutical Care Management Association. He also describes the current state of the bill leading up to a Supreme Court decision. Thompson quotes members of both The National Community Pharmacists Association, The Pharmaceutical Care Management Association, and Independent pharmacist Clint Hopkins, co-owner of Pucci’s Pharmacy. This primary source is useful because it provides accounts from multiple perspectives both independent pharmacies and PBMs on the new bill that is being passed. The purpose of this news article is to inform readers of the bill that is being passed and present perspectives of different sides of the controversy surrounding the bill. This newspaper article is a good source to reference for details about SB966, the proposed bill being passed in California.
  • Wiener, S. et. al. (2024) SB 966: Pharmacy benefits., SB 966: Pharmacy benefits. | Digital Democracy. Available at: https://digitaldemocracy.calmatters.org/bills/ca_202320240sb966 (Accessed: 14 October 2024).
  • This website provides information about the Senate bill SB 966: Pharmacy benefits which would require all PBMs to be licensed under the Department of Insurance. It includes summaries of the bill up to the most current update, full text of the bill, votes, support of the bill by different organizations, and an analysis of each Senate floor. The website also provides a list of names of all the authors and their information. There is also a timeline showing the current state of the bill. The publisher is CalMatters, a reputable nonpartisan news organization with coverage of policies in California. This primary source helps cite info about specific policies included in the bill.
  • Yang, J. (2024) Independent pharmacies are getting squeezed. A new state bill may change that., Mission Local. Available at: https://missionlocal.org/2024/06/independent-pharmacies-struggle-blaming-pbms/ (Accessed: 04 October 2024).
  • This news article was written by Junyao Yang and published by a local nonprofit news organization, Mission Local, on June 11, 2024. Yang describes how Pharmacy Benefit Managers (PBMs) in California are taking advantage of local independent pharmacies by controlling reimbursement funds for drugs and charging prescription-based fees. Additionally, she describes a new bill, SB 966, proposed by state Senator Scott Wiener which would require licensure at the California Department of Insurance by all PBMs and how it may take off some of the financial pressure being applied to independent pharmacies. Yang also utilizes several quotes from interviews with pharmacists such as Jerry Tonelli, owner of Central Drug Store in the Excelsior District of San Francisco, and Joe Bastion owner of Joe’s Pharmacy on Geary Blvd, San Francisco, as well as representatives from statewide and national pharmacy associations. The author provides readers with a good understanding of the problem regarding unregulated PBM business practices as well as what these policies mean for vulnerable small independent pharmacies across California. Furthermore, she provides relevant examples of how the California government is trying to regulate PBM activity such as SB 966. The information is up-to-date and relevant to the topic of struggling independent pharmacies in California. This article, however, does not focus on pharmacies in the Central Valley, rather it is more focused on the San Francisco area. Additionally, the author is biased in that she argues against the business practices of pharmacy benefit managers and does not provide a viewpoint from the side of PBMs. This would be a good primary source to include when identifying and describing the problems regarding PBMs.

References

[edit]

Outline of proposed changes

[edit]

Click on the edit button to draft your outline.

Outline

  • Add a section about PBM regulation Laws and policies
    • Types of regulation being used
    • California
      • SB 966
      • Knox-Keene Health Care Service Plan Act of 1975
    • Nationwide Federal Bill
      • S.127 - Pharmacy Benefit Manager Transparency Act of 2023
    • add to the net effect on the consumer's section
    • Elaborate more on the roles that PBMs play in the economy
      • How do PBMs affect drug pricing for patients/customers
    • add to the net effect on consumers section how do PBMs affect net profits
  • Add to the business practice section and explain how they can lead to increased drug prices.
  • Add information about how PBMs directly affect health and customer access to drugs.
  • Add sources to reference page