PBM Drug Pricing Distortion Report

(46brooklyn.com)

18 points | by toomuchtodo 3 hours ago ago

4 comments

  • toomuchtodo 3 hours ago

    Original title "This drug pricing distortion was supposed to go extinct. It’s never been more alive." reworded for context.

    Mods: please feel free to update to your liking.

  • lotsofpulp 21 minutes ago

    > As long-time industry researchers, we understand that drug affordability is a complicated problem with many cooks in the kitchen that can impact the end cost of a medicine.

    As someone who can look up double digit profit margins for Eli Lilly/J&J/Pfizer/Novartis/Novo Nordisk/Abbvie/Merck/etc, it doesn’t look like a complicated problem.

    • briffle 13 minutes ago

      you should really look up the profit margins of the largest PBM's, but they are now wholely owned by large insurance companies, or pharmacies. They are the middle men, and get a cut (and often rebates for selling over a certain amount)

      https://www.drugchannels.net/2025/03/the-top-pharmacy-benefi...

      • TylerE 4 minutes ago

        It's even worse than that. I have CVS for PBM and getting my prescriptions filled anywhere except a CVS will at least double the cost.