Gotham Gazette

The Place for New York Policy and politics

prescription drug prices

prescription drug prices

  • PBMs Advocate for New York Consumers to Reduce Prescription Drug Costs

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    (photo: @albertarpap)

    As the debate over prescription drug costs continues, it’s important to understand the role pharmacy benefit managers (PBMs) play in our health care system. Simply put, PBMs are the companies that are driving down prescription drug costs for New Yorkers and consumers nationwide. 

    PBMs are widely recognized for reducing prescription drug costs, but PBMs should also be recognized for

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  • Reining in the Maleficent Middlemen: Governor Cuomo Should Sign America’s Toughest Prescription Drug Legislation

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    (photo: Kevin P. Coughlin/Office of the Governor)

    Like the rest of America, New York State is ensnared in the stranglehold of our byzantine healthcare system, which today is best known for skyrocketing pharmaceutical drug prices and a rapid decline in quality of care. One of the most vicious, insidious, and disingenuous tentacles of that system choking the life out of us is the group of corporations known as Pharmacy Benefit Managers (PBMs). 

    While just three Fortune 25 companies – CVS, Express Scripts, and OptumRx – control

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