The middlemen that work between health plans, drug manufacturers, and pharmacies to negotiate prices are being pressed to become more transparent in a new rule issued by the Department of Labor’s Employee Benefits Security Administrat
ion.The proposed rule, issued on Jan. 29, would require pharmacy benefit managers (PBMs) to disclose information about rebates and other forms of compensation they receive from the pharmaceutical indus
try.Requiring PBMs to be more transparent “will allow employers to see the full
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