Can Pharmacy Benefit Managers Get Control of Prescription Drug Spending? Yes, No, and Maybe

Managed care organizations and pharmacy benefit management companies (PBMs) aggressively manage prescription drug spending, in large part by focusing on programs that encourage the use of generic alternatives to branded prescription medications. Upcoming patent expirations will provide further economic tail winds that will lower pharmacy spending so is it safe to declare victory in the fight against rising prescription drug costs? Not by a long shot.

Read the full article