[Laksen]

It's the American PBMs that make their money on the difference between the list price and the price they sell it for. Higher list price means more profit

This was repeated over and over in the hearing. And apparently the regulation of PBMs (changed about a year ago) hasn't resulted in PBMs taking up cheaper drugs

[ZeroGravitas]

An interesting article on this found thanks to your help with search keywords:

https://www.americanprogress.org/article/5-things-to-know-ab...

[emchammer]

This article is almost unbelievable. This whole thing seems like an incredibly complex racket comparable to cryptocurrency securities fraud.

[salawat]

You mean the difference between wholesale price of the manufacturer and the negotiated discount by the PBM right? Your use of pronouns obfuscates who you're talking about.