PBMs

Independent pharmacies are closing at an alarming rate across the county, with many owners pointing the finger at Pharmacy Benefit Managers, or PBMs.

The director of the campaign said it is designed to help Hoosiers better understand the role PBMs play in the price they pay at the pharmacy counter.

The purpose of PBMs is to lower drug prices by acting as an intermediary between health insurers, drug manufacturers and pharmacies.