Drug Pricing Politics Got the Wrong Guy

Drug Pricing Politics Got the Wrong Guy

Today, nearly all Americans agree that drug prices are too high. The average annual per capita spending on medications is over $1,000 and climbing. These sky-high costs burden working-class families with yet another expense, reducing their ability to save, invest, or buy other needed items. In response to this urgent matter, politicians are singling out pharmacy benefit managers (PBMs), the financial negotiators between pharmaceutical companies …

Pharmacy benefit manager reform vs. direct drug plans

Much has been made of the move by President Donald Trump and the pharmaceutical industry to offer direct-purchase drug programs at heavily discounted rates. Following the announcement of these new programs and TrumpRx, we’ve heard news and opinion pieces from every major outlet, but missing in the conversation is one of the most important voices: Read more… Pharmacy benefit manager reform vs. direct drug plans originally appeared in KevinMD.com.