PBM Transparency

PBM transparency refers to how openly pharmacy benefit managers (PBMs) share information about their operations, pricing, and negotiations with pharmacies, insurers, and consumers. Transparency ensures we understand how drug costs are determined, whether rebates are passed on, and if pricing practices are fair. Increased transparency can lead to better competition, lower drug prices, and trust in the healthcare system. Essentially, it’s about making the hidden parts of drug pricing clear and accessible so all stakeholders can make informed decisions and hold PBMs accountable.