As PBM reform heats up on Capital Hill, this story is sure to make waves. Not only are there juicy quotes about how intermediaries are making money at the expense of consumers, but it highlights the perverse incentives that have been created as insurers have bought up PBMs. As one industry watcher told us, "this is another nail the PBM coffin, but it's clearly going to take a long time for the coffin to be finished."
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