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The prices of many medicines are hidden because Pharmacy benefit managers (three words) -- the companies that administer drug benefits for employers and health insurers--
The prices of many medicines are hidden because Pharmacy benefit managers (three words) -- the companies that administer drug benefits for employers and health insurers-- negotiate confidential discounts and rebates with drugmakers. Lack of disclosure of the true costs of health care, adds to total health care spending in the US. Hospitals are becoming more consolidated and are using their market clout/ power to negotiate higher prices from insurers
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