If you have been following the news and have been seeing our calls to action to support Pharmacy Benefit Manager (PBM) reform, you know that independent pharmacies are under threat of extinction from predatory PBM actions.
PBMs are middlemen that control the outpatient prescription business, and own/operate their own pharmacies. According to current laws and regulations, they are allowed to keep their financial arrangements secret from plan sponsors, government agencies, and the public. PBMs use their wealth and power to limit patient access, raise drug prices, and crush “outside” pharmacies.
Finally, the public is being made aware of their monopolistic behavior, and state and federal governments are working on industry reform.
For more information, check out the following links:
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