Jake Auchincloss on WPRI discussing the middlemen of drug pricing
Democrats must snap the chokepoints of corporate capture that are inflating healthcare prices, particularly by the health insurance industry. Pharmacy benefit managers (PBMs), the middlemen of drug pricing, are just one example of the self-dealing and price-gouging of Fortune 50 health insurance corporations. My bipartisan legislation is the boldest federal bill yet introduced to rein in the PBMs.