Georgia lawmakers scrutinize pharmacy benefit managers and drug pricing
Georgia lawmakers scrutinize pharmacy benefit managers and drug pricing A Georgia House study committee is examining how pharmacy benefit managers, or PBMs, influence prescription drug prices and access, with independent pharmacists and industry representatives offering sharply different views. PBMs negotiate drug prices among insurers, manufacturers and pharmacies. Independent pharmacists say the companies’ market power can put community pharmacies at a disadvantage, particularly in rural Georgia. Hugh Chancey, a southwest Georgia […]
