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Expert Analysis - Opinion

Plan Sponsors Should Beware Hidden Costs From PBMs

By Dae Lee and Jonathan Levitt (April 10, 2019, 3:51 PM EDT) -- Today, four pharmacy benefit managers, or PBMs, in the United States manage 95% of the drug benefits and hundreds of million American lives. These PBMs (CVS Health Inc.[1], Express Scripts Inc., OptumRx Inc.[2], and Prime Therapeutics) have been lobbying Washington to protect their interests, which do not align with plan sponsors' interests....

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