Every time Americans fill a prescription, they’re reminded that the system isn’t built for them. Prices keep climbing, politicians keep posturing, and the same companies responsible for setting sky-high drug costs keep getting a free pass.
Instead of confronting those companies, Congress has decided to go after the people negotiating against them. Pharmacy benefit managers — PBMs — are suddenly everyone’s favorite villain in Washington, D.C.
It’s easy politics: few voters know exactly what PBMs do, and “middlemen” make easy scapegoats. But tearing them down won’t make medicine cheaper. It’ll do the opposite.
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