The FTC’s report highlights how Pharmacy Benefit Managers (PBMs) have gained excessive power over drug pricing and access due to market consolidation and vertical integration. The top three PBMs manage nearly 80% of U.S. prescriptions, leveraging their control to inflate drug costs, restrict competition, and harm independent pharmacies. Their opaque practices, rebate structures, and steering toward PBM-affiliated pharmacies contribute to higher prices and reduced access for patients.
https://www.ftc.gov/system/files/ftc_gov/pdf/pharmacy-benefit-managers-staff-report.pdf





They are the “real evil”.😈
And really, I cannot find a “purpose” for their existence….