• Avoid hidden drug costs by understanding pharmacy benefit managers

    Pharmaceutical costs only seem to go one direction — up. Why? The buzz in health care around rising drug costs lately is focused on pharmacy benefit managers (PBMs).
    These middlemen manage prescription benefits for businesses and negotiate with medication manufacturers and pharmacies. But as prescription prices have soared alongside PBM profits, they’ve come under increased scrutiny from legislators nationwide.Understanding the details of how PBMs operate is essential for plan sponso

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