PBMS: WHEN YOU’RE BUYING MEDS THEY GET THE REBATES, YOU GET THE SHAFT

Last week a pharmaceutical industry expert named Antonio Ciaccia, testified in front of the Indiana General Assembly about a bill that could potentially lower what you pay for your prescription medication. The bill would force companies to pass some of the savings and discounts to you, rather than a PBM.


A PBM is a Prescription Benefit Manager, a company that serves as the middleman between the drug company and your insurance. They help get discounts, but those discounts and savings often end up going somewhere other than the customer.


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