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States seek to lower drug prices by targeting the companies that manage them for health plans
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NEWSDECK ANALYSIS
The companies being targeted, known as pharmacy benefit managers, play a crucial role in the healthcare system by negotiating drug prices with pharmaceutical manufacturers on behalf of health insurers. They also decide which medications are covered by insurance plans and at what cost, giving them significant influence over the prescription drug market. By regulating these companies, states aim to increase transparency and reduce costs for consumers.
This story is currently only covered by one source from a single part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.
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Independent World
States seek to lower drug prices by targeting the companies that manage them for health plans
Legislators across the U.S. are trying to lower prescription costs by reining in big companies that handle drug coverage for health insurers
27 Jun, 04:06
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