Linda Cahn
Encyclopedia
Linda Cahn is the founder and president of a nationwide consulting firm, Pharmacy Benefit Consultants. The firm assists corporations, unions, government entities and insurance companies in improving their prescription coverage benefits and decreasing their prescription coverage costs.
Cahn’s expertise related to prescription coverage arises from lawsuits she filed on behalf of clients against pharmacy benefit management
companies (PBMs). In 1997, she initiated the first class action litigation against the two largest PBMs at that time—predecessor entities to Medco Health Solutions
and CVS Caremark
. As a result of that litigation and several subsequent lawsuits, she gained access to hundreds of thousands of confidential PBM documents.
Cahn has testified before state legislative hearings about proposed legislation to alter PBMs’ practices and improve the prescription coverage marketplace. She has also conducted numerous meetings about PBMs with federal and state prosecutors, officials at the Government Accounting Office and the United States Labor Department, and on Capitol Hill.
She is a graduate of Princeton University
and Hofstra Law School, both with honors.
Cahn’s expertise related to prescription coverage arises from lawsuits she filed on behalf of clients against pharmacy benefit management
Pharmacy Benefit Management
In the United States, a Pharmacy Benefit Manager is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims. They also are responsible for developing and maintaining the formulary, contracting with pharmacies,...
companies (PBMs). In 1997, she initiated the first class action litigation against the two largest PBMs at that time—predecessor entities to Medco Health Solutions
Medco Health Solutions
Medco Health Solutions, Inc is a health care company currently serving the needs of more than 65 million people. Medco provides pharmacy services for private and public employers, health plans, labor unions, government agencies, and individuals served by Medicare Part D Prescription Drug Plans...
and CVS Caremark
CVS Caremark
CVS Caremark Corporation is an integrated pharmacy services provider, combining a United States pharmaceutical services company with a U.S. pharmacy chain...
. As a result of that litigation and several subsequent lawsuits, she gained access to hundreds of thousands of confidential PBM documents.
Cahn has testified before state legislative hearings about proposed legislation to alter PBMs’ practices and improve the prescription coverage marketplace. She has also conducted numerous meetings about PBMs with federal and state prosecutors, officials at the Government Accounting Office and the United States Labor Department, and on Capitol Hill.
She is a graduate of Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
and Hofstra Law School, both with honors.