Insurer-owned PBMs lose ground in commercial plan market

By Allison Bell

October 06, 2026 at 09:53 AM

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What You Need To Know

The new AMA PBM market concentration report covers 2024 data.
The percentage of people in all kinds of vertically integrated plans fell to 69%, from 72%.
The share of commercial lives in integrated plans dropped to 67%, from 69%.

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