Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
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|PBMs: 21st Century Robber Barons|
National Community Pharmacists Association [NCPA]
July 23, 2021
"[PBMs] produce some of the same anti-consumer, anti-small business, anti-competition results as the robber barons from more than a century ago. For many years, the FTC has allowed PBMs to grow bigger and exert their market leverage to the benefit of Wall Street shareholders and at the expense of small businesses and consumers. But lately there have been some signs of changing attitudes."
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