Pharmacy benefit managers (P.B.M.s) are powerful forces that go unnoticed, driving up drug costs by steering patients to pricier drugs, exploiting hidden fees, and charging markups as revealed by a NYT investigation.
The three largest P.B.M.s, owned by CVS Health, Cigna, and UnitedHealth Group, oversee prescriptions for over 200 million Americans, tasked to reduce drug costs, but often leading to the opposite outcome.
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