The part that pharmacy benefit managers (PBMs), insurers and pharmacies play in increasing the prices that patients pay for their medicines was the focus of a panel discussion last week.
Merrill Matthews, resident scholar of the Institute of Policy Innovation, and Peter Pitts, president and co-founder of the Center for Medicine in the Public Interest, took part in the discussion hosted by the Mackinac Center for Public Policy in Lansing to consider the various solutions being weighed in Michigan.
"Health insurers have increasingly raised out-of-pocket costs, especially for the newest and most innovative drugs"
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