Hearing Recap: “Profits Over Patients: The PBM Business Model Under Scrutiny”
Representative Burgess Owens criticized PBMs for drifting away from their purpose of helping patients to focus on extraction of value.
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tl;dr
The House Subcommittee on Health, Employment, Labor, and Pensions held a hearing to examine how pharmacy benefit managers (PBMs) contribute to rising drug costs and lack of transparency.
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