ICYMI: PBM exec admits choosing profits over patients

With Congress discussing policy changes that would lower drug costs for patients and rein in powerful middlemen, insurers and their PBMs are dusting off their old playbook and once again threatening to increase costs for employers if required to do their job and actually provide meaningful coverage to patients. But recent remarks by one executive make clear that the PBM industry has a choice: protect its profits or lower costs for patients. It seems the PBM industry prefers profits over patients. According toa new report by STAT News:
Source: The Catalyst - Category: Pharmaceuticals Authors: Tags: Health Insurance Out-of-Pocket Costs Pharmacy Benefit Managers Source Type: news