The Hidden Power of Pharmacy Benefit Managers: A Closer Look
IntroductionPharmacy Benefit Managers (PBMs) have been around for over half a century, acting as intermediaries in the pharmaceutical industry. However, recent criticisms suggest that these ‘middlemen’ may be wielding too much control over healthcare decisions, with patients bearing the brunt of the consequences. The Role of PBMsPBMs are responsible for constructing formulary lists that detail…