June 05, 2026
9 min read
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Will new reforms fix the 'fundamentally broken' pharmacy benefit manager system?
The recent federal reforms to pharmacy benefit managers are a meaningful step in the right direction, but the work is not over yet, according to experts.In January 2025, the Federal Trade Commission released a report that revealed pharmacy benefit managers (PBMs) overcharged for specialty generic medications — in many cases by hundreds and thousands of percent — for billions in
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