Photo: stevecoleimages/iStockphoto.com PBMs' Actions Might Increase Drug Prices, Drive Out Independent Pharmacies, FTC Reports
The agency voted 4-1 to issue the report on pharmacy benefit managers, with Republican Commissioner Melissa Holyoak being the sole dissenter.
July 09, 2024 at 01:52 PM
6 minute read
Pharmaceuticals
The six largest pharmacy benefit managers control 94% of all prescriptions in the United States, contributing to higher drug costs and driving out independent pharmacies, the Federal Trade Commission stated in a report released Tuesday.
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