In Kentucky, PBMs Pocketed $123.5M In Hidden Fees From Plans That Cover The State’s Poor

The tactic the PBMs used are called spread pricing, which refers to the fees these companies pay pharmacies and then bill back to state Medicaid programs. The practice has gained attention among a growing number of states that are struggling to contain the cost of prescription drugs. In other pharmaceutical news, the Chamber of Commerce is launching ads against President Donald Trump's plan to tie U.S. prices for drugs to what other countries pay.

from Kaiser Health News https://ift.tt/2GIjLtM