What is a Pharmacy Benefits Manager?

An interesting news story from PBS Newshour on pharmacy benefits manager (PBM).  Of particular interest is a clip of Alex Azar testifying that “We may need to move toward a system without rebates, where PBMs receive no compensation from the very pharma companies that they are supposed to be negotiating against.”

from Dental Tips https://www.healthcare-economist.com/2018/08/14/what-is-a-pharmacy-benefits-manager/

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