MedCity News September 9, 2024
The American Medical Association released a new report on Monday on pharmacy benefit managers. It explained that there is low competition among PBMs and high vertical integration with payers.
More research is building against pharmacy benefit managers (PBMs).
The American Medical Association (AMA) released a report on Monday that shows there is low competition among PBMs and significant vertical integration with health insurers. It comes as Congress is considering action against PBMs and the Federal Trade Commission is investigating them.
“The call for increased regulatory oversight of PBM business practices is overwhelmingly welcomed by physicians as a check against possible anticompetitive harm resulting from low competition and high vertical integration in the PBM industry,” said AMA President Bruce A. Scott,...