The PBM industry emerged in response to a wave of expensive new blockbuster drugs that began to come to market in the 1990s. Before then, very few patients had “pharmacy benefits.” Today, a patient with insurance coverage may pay a mere $10 copay for a drug that costs 10 times that much.
In a recent article in the Bristol Herald Courier, David Balto gives a great summary of the problems with the pharmacy benefit management industry, such
In a recent article at BenefitsPRO, Dan Cook talks about the movement to have employers “rise up and fight their own battles with the drug
“Today, one in four Americans who need prescription drugs struggle to afford them — one in four,” president Joe Biden. The last two administrations have
