Tuesday, February 18, 2020

On the Record


"If a PBM is unable to get a good rebate, then they'll come back and say, 'These guys want a premium and they're unable to provide a rebate,' so therefore it's a win-win if you don't put it on the formulary and members have to get the two individual drugs at a cheaper price."
— Seth Friedman, a health plan services leader at Gallagher Benefit Services, spoke with AIS's RADAR on Drug Benefits about the rise of pricey combination therapies in the diabetes space, and how payers negotiate with drug manufacturers to cover them.

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