There was a time when fox hunting Pharmacy Benefit Managers wasn’t a recognized hobby. There was a time when those conversations where hidden within the deep, dark holes where diabetics plot like honey badgers. Those days are over now!
It took 16 years (from the earliest “pbms” post on this forum in 2008 to today) for us to see a very legitimate federal response on the topic. That’s incredible!
This post from @DrBB is c. 2016.
I found one from 2008: More Exposure of Trouble at the FDA
Notice how the dialog changes over time. At first, no one has any idea what this poor guy is talking about. Who was this guy who made the very first post using the term “PBM”? https://diabetes-connections.com/the-business-of-diabetes-scott-strumellos-perspective-after-50-years-of-t1d/
Here’s the recent WSJ article: https://www.wsj.com/finance/stocks/how-drug-middlemen-keep-beating-the-system-671a638b?st=izpdc47fuukvtbm
Here’s the recent NYT article: https://www.nytimes.com/2024/06/21/business/prescription-drug-costs-pbm.html
Politico: POLITICO Pro