Faced with what appears to be an endless increase in prescription drug costs, employers need a clear view into the prices they pay for their employees' medications.
Pharmacy Benefit Managers (PBMs) are having a moment; albeit, not a very good one. A lack of clarity around their profits from spread pricing, rebate retention, and formulary placement has resulted in bad press and increasing pressure for transparency from state and federal legislators, industry organizations, and health care providers.
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