PBMs seek to make money by charging insurance companies more for drugs than what the PBMs pay to the pharmacies-a practice known as "spread pricing." In theory, all that haggling with drugmakers ...
In the pharmaceutical industry, pharmacy benefit managers, otherwise knowns as PBMs, make big money by being the middlemen.
Everybody's trying to make money," Bai said. "These fights will bring no benefit to patients unless we go to the root." A California bill awaiting its first hearing would subject PBMs, to ...
The U.S. House is renewing a push to take on pharmacy benefit managers that play an important role in the cost of prescription drugs.
“[PBMs and pharma companies] are two rent-seeking ... “They’re instead pouring lots of money into lobbyists to try to make money by pleasing members of Congress rather than consumers.” ...
about why it is that PBMs exist, we create competition amongst ... formularies and other mechanisms to help our clients save money, utilize utilization management tools, and other tools to do ...
The bill, which encompasses the recommendations of a task force, would regulate pharmacy benefit managers and increase price ...