Drug Rebate Aggregators-Playing a Pivotal Role in Drug Pricing

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Drug Rebate Aggregators-Playing a Pivotal Role in Drug Pricing

Pharmacy benefits managers (PBMs) negotiate rebates on behalf of clients, including insurers and employers. PBMs use formularies to rank drugs in tiers that determine how much patients end up paying out of pocket.

With the drug pricing controversy increasing, pharmaceutical companies lobby patients to pay as little out of pocket as possible, so they often make concessions in negotiations with PBMs to receive more favorable formulary placement for their drug.