Pharmacy Benifits Managers (PBMs) and their power over the healthcare industry

PBMs should not be dictating which pharmacies customers may use. They should also not be allowed to reimburse one pharmacy (especially a pharmacy they own) more money than the next. Equal reimbursement rates across the board will bring back independently own pharmacies and make a pharmacy’s customer service drive a locations success vs “I fill my Rxs here cause my insurance tells me I have to”.

PBMs profit increases are undeserving while co-pays for patients increase and reimbursement rates to pharmacies decrease. Should be a level playing field.

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These are unethical and should be illegal extortion entities. The same as GPO have become, tyrannical middlemen who increase prices. PBMs should be dismantled in total = NOT needed.

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