WV Office of Insurance Commisioners Releases PBM/Drug Rebate Report
Published on: 04/03/2025
PBM rebates thrive in secrecy, but transparency unlocks fairness and puts patients first.
Cole
PBM rebates thrive in secrecy, but transparency unlocks fairness and puts patients first.
The nation's three largest pharmacy benefit managers have significantly marked up the prices of certain medicines, including for heart disease, cancer and HIV, at their affiliated pharmacies, the U.S. Federal Trade Commission said on Tuesday.
What Shanon and her husband didn’t realize until that day in the pharmacy was that Cole’s routine medication was no longer covered by his provider and had jumped from $66 to $539.
Cole Schmidtknecht, 22, suffered from asthma, a chronic disease, that he treated with an Advair Diskus inhaler that allegedly cost him no more than $66.