Senators Grill Pharmacy Benefit Execs About Skyrocketing Drug Prices
Xconomy
APRIL 9, 2019
Executives from five of the companies that negotiate drug prices on behalf of insurers testified Tuesday before the Senate finance committee. These companies, known as pharmacy benefit managers (PBMs), negotiate prices with drug companies, using access as leverage. Their secret negotiations often lead to rebates and discounts that.
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