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Employer Group and Mark Cuban-Owned Company Launch Pharmacy Benefit Managers
The Wall Street Journal; subscription may be required
Oct. 25, 2021 "A pair of new companies are being launched to tackle high drug costs, the latest sign of employer frustration with the middlemen, known as PBMs, whose job it is to keep down the spending.... The aim of the new pharmacy-benefit managers, their executives said, was to be more transparent about drug costs and share with their clients more of any negotiated savings." |
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