States seek to lower drug prices by targeting the companies that manage them for health plans
- As consumers worry about medication costs, states are trying to lower drug prices by reining in big companies that oversee prescription coverage for health insurers.
- Some of those companies, called pharmacy benefit managers, also own pharmacies, and one of them, CVS, has spent millions of dollars fighting the regulations.
- Affordability is a key issue ahead of this year’s midterm elections.
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- As consumers worry about medication costs, states are trying to lower drug prices by reining in big companies that oversee prescription coverage for health insurers.
- Some of those companies, called pharmacy benefit managers, also own pharmacies, and one of them, CVS, has spent millions of dollars fighting the regulations.
- Affordability is a key issue ahead of this year’s midterm elections.
Sources: The Independent