Local pharmacy benefit manager (PBM) markets are highly concentrated and more consolidated than previously thought, according to American Medical Association data released as expectations increase for congressional action to address questionable PBM-industry business practices.
The AMA's new 26-page analysis — which focuses on market competition among PBMs that provide so-called middleman services in the drug supply chain and their vertical integration with health insurers — suggests a widespread decline in competition in local PBM markets across the United States.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
