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| Report: Pharmacy Benefit Managers -- Ownership of Mail-Order Pharmacies (PDF) Federal Trade Commission  Sept. 7, 2005 240 pages. Excerpt: Private sector entities that offer medical insurance ('plan sponsors'), such as employers, labor unions, and managed care companies, also offer prescription drug insurance coverage. Plan sponsors often hire pharmacy benefit managers (PBMs) to manage these insurance benefits. This Study examines one facet of private sector competition – how PBMs' use of mail-order pharmacies that they own affects their clients' prescription drug costs. |
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