Understanding Competition in U.S. Prescription Drug Markets: Entry and Supply Chain Dynamics #00481

Submission Number:
00481
Commenter:
Dean Lauters
State:
Iowa
Initiative Name:
Understanding Competition in U.S. Prescription Drug Markets: Entry and Supply Chain Dynamics
I would ask that you dig very deep into any issue regarding Pharmacy Benefit Managers (PBMs). In my opinion they are the single biggest threat to the cost of healthcare today. Contrary to what they say, they provide no value but add considerable costs. Try adding up the profits and expenses of the three largest PBMs, then try to imagine reducing the cost of prescription drugs by that cost. You will be amazed at the number.