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Illinois public officials seek greater oversight of pharmacy benefit managers

Illinois Officials Push for More Control over Pharmacy Benefit Managers

TL/DR - Pharmacy Benefit Managers (PBMs), often called pharmaceutical "middlemen," are under scrutiny at the state and national level for their alleged role in driving up drug prices. State agencies are considering regulation changes for the industry, and multiple hearings have been held to discuss PBMs' effects on local pharmacies, many of which…