Iowa audit raises concerns about Medicaid PBM practices, cites $100M value

Iowa’s state auditor, Rob Sand, released a report raising concerns about how pharmacy benefit managers handled prescription drug payments within Iowa Medicaid and whether the state had sufficient access to information to oversee those arrangements. The June 10 report found that PBMs working with Iowa managed care organizations used an “effective rate” pricing model from […] The post Iowa audit raises concerns about Medicaid PBM practices, cites $100M value appeared first...