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It's the American PBMs that make their money on the difference between the list price and the price they sell it for. Higher list price means more profit This
by Laksen 2y ago
It's the American PBMs that make their money on the difference between the list price and the price they sell it for. Higher list price means more profit
This was repeated over and over in the hearing. And apparently the regulation of PBMs (changed about a year ago) hasn't resulted in PBMs taking up cheaper drugs
- ZeroGravitas 2y agoAn interesting article on this found thanks to your help with search keywords: https://www.americanprogress.org/article/5-things-to-know-about-pharmacy-benefit-managers/ https://www.americanprogress.org/article/5-things-to-know-ab...
- emchammer 2y agoThis article is almost unbelievable. This whole thing seems like an incredibly complex racket comparable to cryptocurrency securities fraud.
- salawat 2y agoYou mean the difference between wholesale price of the manufacturer and the negotiated discount by the PBM right? Your use of pronouns obfuscates who you're talking about.