Report touts savings of drug plan administrators amid merger controversy
{mosads}The report goes on to caution against several state and federal proposals that would limit the administrators’ ability to cut costs. These include: mandating coverage of brand-name drugs, increasing pharmacy reimbursements, restricting the use of mail-service pharmacies and forcing the disclosure of proprietary contract information.
The report concludes that government limits on PBMs’ cost-containment tools could cost $550 billion over a decade.
Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Regular the hill posts