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BioPharmaceutical Reimbursement

Are PBMs Bad For Your Health?

Executive Summary

All these years, drug companies thought they were the big losers in the growing influence of pharmacy benefit managers (PBMs). They saw prices erode and profits decline as a result of aggressive rebate contracting and generic substitution. The winners were consumers and payers who got more efficient care and relief from the high drug prices.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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