Posts Tagged: middlemen

Pharmacy middlemen: Pass your cost savings on to consumers

A pharmacy worker on the the job. (Photo: wavebreakmedia, via Shutterstock)

by BILL REMAK posted 03.12.2020

OPINION: In 2018, legislators took positive initial steps to regulate some of the egregious business practices of pharmacy benefit managers (PBMs) – little-known middlemen in the health care system who have contributed to rising costs. However, more must be done to ensure that Californians are able to access affordable treatment options such as receiving cost savings at point of sale at the pharmacy counter, for example.

Costly health care and pharmacy benefit managers

Drugs on a shelf for sale at a pharmacy. (Photo: i viewfinder, via Shutterstock)

by BILL REMAK posted 02.14.2020

OPINION: With the rising cost of health care at forefront of nearly every Californian’s mind, lawmakers in Sacramento are rightly considering a range of potential policy proposals to help rein in costs. In 2018, legislators took positive initial steps to regulate some of the egregious business practices of pharmacy benefit managers (PBMs) – little-known middlemen in the health care system who have contributed to rising costs.