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Pharmacy Benefit Management: Are Reporting Requirements Pro- or Anticompetitive?

Patricia Danzon

International Journal of the Economics of Business, 2015, vol. 22, issue 2, 245-261

Abstract: The market-based US healthcare system relies on pharmacy benefit managers (PBMs) to control pharmaceutical costs, in contrast to most other countries that regulate drug prices and access. Optimal structuring and regulation of PBM contracts pose significant agency challenges for private and public payers. However, recent reporting requirements for PBMs may be counterproductive and reflect the interests of competitors rather than customers.

Date: 2015
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DOI: 10.1080/13571516.2015.1045741

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Handle: RePEc:taf:ijecbs:v:22:y:2015:i:2:p:245-261