Pharmacies are fed up with PBMs. Here’s what reforms might be coming

Published February 10, 2025 8:00am ET



Pharmacy benefit managers are under increasing scrutiny due to accusations that they are driving their smaller and more vulnerable independent counterparts out of business. 

As the number of retail pharmacies in the United States declines at an “unprecedented” rate, according to a recent Health Affairs analysis, PBMs have been left to shoulder the blame.

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