"Rising Prescription Costs: The Role of PBMs and Vanishing Independent Pharmacies"

1 min read
Source: The New York Times
"Rising Prescription Costs: The Role of PBMs and Vanishing Independent Pharmacies"
Photo: The New York Times
TL;DR Summary

Pharmacy benefit managers (P.B.M.s) like CVS Caremark, Express Scripts, and Optum Rx often make consumers pay more for medications than necessary. These middlemen, chosen by employers or government insurance programs, play a crucial role in determining drug costs. To find out if you're being overcharged, it's important to understand which P.B.M. manages your prescriptions.

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