Small businesses nationwide struggle to provide affordable health insurance benefits for their employees, and high prescription drug prices substantially contribute to this problem.
Pharmacy Benefit Managers (PBMs) are third-party middlemen that negotiate drug prices and benefits for insurers and employers. They play a significant role in the pricing and availability of prescription drugs. However, the PBM market is highly concentrated, with the top three PBMs controlling 80% of the market. This lack of competition has led to higher prices and fewer choices for small business owners. PBM reform is necessary to lower prescription drug costs for small businesses and their employees.
Tell your elected officials to take action to reform the PBM industry.
Personalized messages get the attention of lawmakers! Be specific about how the cost of prescription drug prices impacts your ability to provide that benefit to your employees. If you're an independent pharmacy, explain the financial impact this has on your business.
Pharmacy Benefit Managers (PBMs) are third-party middlemen that negotiate drug prices and benefits for insurers and employers. They play a significant role in the pricing and availability of prescription drugs. However, the PBM market is highly concentrated, with the top three PBMs controlling 80% of the market. This lack of competition has led to higher prices and fewer choices for small business owners. PBM reform is necessary to lower prescription drug costs for small businesses and their employees.
Tell your elected officials to take action to reform the PBM industry.
Personalized messages get the attention of lawmakers! Be specific about how the cost of prescription drug prices impacts your ability to provide that benefit to your employees. If you're an independent pharmacy, explain the financial impact this has on your business.