3 ms·
In the US as far as I recall the system is somewhat convoluted. Insurance companies buy their drugs through brokers who act as middle men to negotiate bulk pric
by rabf 3y ago
In the US as far as I recall the system is somewhat convoluted. Insurance companies buy their drugs through brokers who act as middle men to negotiate bulk prices with drug companies. No insurance company actually ever pays the sticker price on most drugs.
- abhisheksingh01 3y agoYes, that's what I meant - Pharma companies earn money but not like people assume. These brokers earn a good amount. Maybe they had some purpose decades back but it is increasingly hard to justify their value now.