Independent pharmacies claim being pressure by PBMs linked to large health chains, facing threats to viability due to steering patients and high fees.
Independent pharmacies argue they are being pressured by pharmacy benefit managers (PBMs) linked to large health chains, which are steering patients towards affiliated pharmacies and imposing high fees. This practice threatens the viability of independent pharmacies, as they struggle to cover costs due to low reimbursement rates. While PBMs claim to negotiate discounts for consumers, reports from the FTC and a House committee suggest potential anticompetitive behavior harming both consumers and independent pharmacies.
September 04, 2024
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