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DewDiligence

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DewDiligence

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Re: DewDiligence post# 252305

Tuesday, 07/09/2024 4:39:10 PM

Tuesday, July 09, 2024 4:39:10 PM

Post# of 257262
PBMs cause higher drug prices, FTC says:

https://www.wsj.com/health/healthcare/big-pharmacy-benefit-managers-increase-drug-costs-ftc-says-c6a40ee6

The FTC, in a report released Tuesday, detailed a number of actions that it said large pharmacy-benefit managers use to boost their profits and increase the spending of the health plans and employers that hired them to control costs. The actions can also lead to higher outlays for patients at the pharmacy counter, the agency said.

No kidding!

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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