Pharmacy Benefit Managers.

The American Drug Cartel.

In this episode, Max breaks down the biggest scandal in the healthcare industry (and that’s saying a lot). We walk through how a bunch of pencil pushing pharmacy middlemen became so powerful they bought out the biggest health insurance companies and pharmacy chains, and did it through hiking up drug prices, kickbacks and taking advantage of government contracts. This is the story of pharmacy benefit managers (PBMs) and how they became the American Drug Cartel.

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A $100 covered in pills.