DEKALB COUNTY, Ga. - A group of independent pharmacists met with Congressman Buddy Carter and FTC Chairman Andrew Ferguson at the Briarcliff Pharmacy on Clairmont Road Tuesday.
What they're saying:
Pharmacist Jonathan Marquess explained how pharmacy benefit managers, or PBMs, are cutting into their bottom line.
"Every day drugs go out the door at a loss," Marquess explained.
Dig deeper:
PBMs are the middlemen of the prescription drug world.
They decide what drugs consumers can get, how much they'll pay, negotiate prices with drug companies and determine how much a pharmacy earns on each prescription.
What they're saying:
Carter said a handful of PBMs are controlling drug pricing, and independent pharmacists often get reimbursed less than what it costs them to fill a prescriptio