Pharmacy benefit managers are facing a significant amount of scrutiny and criticism by a number of states, with Ohio being a key player after it was the first to comb through pricing data related to its two PBMs: CVS Caremark and Optum Rx.
According to data collected by The Columbus Dispatch through a national survey, states garnered some $20 billion in rebates in 2017 through their relationships with the pharmacy middlemen. Each state, on average, generated roughly $450 million.
But now Ohio is one among 11 states shining a spotlight on PBMs.
“You will be hard pressed to find a state that now isn’t looking into this,” Illinois pharmacist Ben Calcaterra tells the Dispatch. “We’ve all been reading articles from Ohio and what has happened there.”
To read the full article on the Dispatch, click here.