Third-party companies known as pharmacy benefit managers, which administer prescription drug benefits for health insurance ...

Local pharmacists are keeping a close eye on legislators considering a bill that supporters say will bring transparency to how pharmacy benefit managers operate.

Dozens of independent pharmacies have shuttered in Alabama over the last two years, according to the Alabama Independent Pharmacy Alliance. Alabama is one of several states considering new regulations ...

The changes come as pharmacy benefit managers face scrutiny for how they require doctors and patients to seek its approval for certain treatments and drugs.