‘An Arm And A Leg’: Why Are Drug Prices So Random? Meet Mr. PBM
Published by Kaiser Health News
After a close call with an outrageous Rx tab, host Dan Weissmann tackles the health care cost puzzle he’s been avoiding: figuring out prescription drug prices.
Here’s what he found: Your insurance company is probably in cahoots with a pharmacy benefit manager — and the negotiations that go on between them are trade secrets. No wonder it’s so hard to know what you’ll pay at the drugstore counter!
On Episode 4 of “An Arm and a Leg,” meet the behind-the-scenes negotiator that helps decide how much you pay at the pharmacy counter.
Click here to see the original article on the Kaiser Health News website.
Recent Posts
-
SCPC Congratulates RFK Jr. on Being Confirmed as Secretary of Health and Human Services
The Senior Care Pharmacy Coalition (SCPC), the leading national voice for the long-term care pharmacy community, released the following statement today to congratulate Robert F. Kennedy Jr. for being confirmed as Secretary of the U.S. Department of Health and Human Services (HHS).
-
SCPC Calls for Immediate Congressional Action to Fix Broken LTC Pharmacy Payment Model as More Drugs Become Subject to Mandatory Medicare Price Negotiations
SCPC, the leading voice for the nation’s long-term care (LTC) pharmacy community, commends the FTC for once again shining a light on the abusive practices of the big PBMs that continue to rake in massive profits while patients, pharmacies, employers and taxpayers foot the bill for ever-increasing drug prices.
-
SCPC Praises FTC for Report Highlighting Egregious PBM Abuses; Encourages Congress and New Administration to Make PBM Reform an Immediate Priority in 2025
SCPC, the leading voice for the nation’s long-term care (LTC) pharmacy community, commends the FTC for once again shining a light on the abusive practices of the big PBMs that continue to rake in massive profits while patients, pharmacies, employers and taxpayers foot the bill for ever-increasing drug prices.
Stay in the Know
Get the latest news and updates on issues impacting the long-term pharmacy community.