The big
#PBM say their buying power and exclusive access to information enable them to save money for stakeholders. Critics say they are skimming from the drug market, perhaps $100 billion a year.
#ERISA #lawsuits #EmployerPlans #FiduciaryDuty https://buff.ly/4gK29L7
How a Duty To Spend Wisely on Worker Benefits Could Loosen PBMs’ Grip on Drug Prices - KFF Health News
As criticism of pharmacy benefit managers heats up, fear of lawsuits is driving some big employers to drop the “Big Three” PBMs — or force them to change.
KFF Health News