Dave Yost, Ohio attorney general (AP Photo/Jay LaPrete, File)
Ohio attorney general sues several PBMs over antitrust concerns
Ohio Attorney General Dave Yost is bringing a suit against several pharmacy benefit managers, accusing them of breaking a state antitrust act.
PBM consolidation, allowing a few companies to dominate the field, has created a “black box” that holds a “complex administration system” allowing these top PBMs to enrich themselves in various ways. This includes a “pay to play” rebate system pushing manufacturers to increase drug prices and to be placed on the preferred placement of PBM formularies, the suit alleges.
To read Endpoints News become a free subscriber
Unlock this article instantly, along with access to limited free monthly articles and our suite of newsletters