The ‘Middlemen’ Responsible for High Prescription Drug Prices

The 11Alive Investigators uncover claims of prescription drug price gouging, not from pharmacies, but from a little known industry known as “middlemen” drug suppliers.

Those middlemen companies are called pharmacy benefit managers (PBMs). While you may have never heard of them before, pharmacists say PBMs play a big role in the price you pay for medicine, oftentimes setting prices the industry wants to keep secret from the public.

The healthcare industry call PBMs “middlemen” because they negotiate drug prices between insurance providers, drugmakers and pharmacies.

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By | 2017-06-26T13:26:44+00:00 June 26th, 2017|News|0 Comments