PBM Horror Stories

There is growing awareness of the problems and pitfalls with Pharmacy Benefit Managers (PBMs) in the United States’ health care system. Contracted by insurance carriers to negotiate on their behalf with pharmaceutical companies, these ‘middlemen’ corporations have quietly become an unavoidable part of our nation’s health care system. Controlling at least 80 percent of drug benefits for over 260 million Americans, PBMs have the power to negotiate drug costs, which drugs will be included on plan formularies, and how those drugs are dispensed. Oftentimes, patients are required to receive drugs through PBM-owned specialty pharmacies.

Read the Full Article Here >>

By | 2018-10-12T16:07:21+00:00 June 26th, 2017|News|0 Comments