Hold These Truths with Dan Crenshaw cover image

What’s Wrong with American Healthcare, and How to Fix It | Dr. Marty Makary

Hold These Truths with Dan Crenshaw

CHAPTER

The Cost of Drugs

The differences with PBMs is the pharma companies will say, hey, we want in your list of drugs that you offer, something called a formulary. And our drug costs $50, but I'll tell you what, we'll make it $150 and we're going to give you a hundred of it. That's a rebate. The middlemen might give 10% of that rebate onto the employer and say, oh, look, we're getting you free money because we bulk it. Well, you've got 90%. It's a giant scam and it's this is the stuff that employers can have.

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