The Secret Behind High Drug Costs
Prescription drug costs keep escalating with no cap in sight. Is it the drug companies that are marking up the prices, or is something else driving these high costs?
Commonwealth Club of California Podcast
October 23, 20191h 20m
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Show Notes
Prescription drug costs keep escalating with no cap in sight. Is it the drug companies that are marking up the prices, or is something else driving these high costs? The increase has been astronomical and affects patients’ ability to pay for drugs and take them as prescribed. This creates a dangerous situation for the patient. Come learn about pharmacy benefit managers (PBMs), an industry secret that explains why drug prices are both confusing and expensive. Find out how PBMs control the amount paid for prescription drugs, why discounts don’t get to the patient and what actions we can take to reduce prescription drug costs. MLF Organizer: Judy Chan MLF: Health & Medicine
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