The website uses cookies to optimize your user experience. Using this website grants us the permission to collect certain information essential to the provision of our services to you, but you may change the cookie settings within your browser any time you wish. Learn more
I agree
Text direction?


Need help? Contact us

We've detected unusual activity from your computer network

To continue, please click the box below to let us know you're not a robot.

Why did this happen?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy.

Need Help?

For inquiries related to this message please contact our support team and provide the reference ID below.

Block reference ID:
Related Notes
Get a free MyMarkup account to save this article and view it later on any device.
Create account

End User License Agreement

Summary | 8 Annotations
The bills for pills had increased inexorably, so the company started to rein in its pharmacy benefit manager, or PBM. The managers are middlemen with murky incentives behind their decisions
2017/03/09 11:24
By hiring its own doctors and pharmacists, among other changes, Caterpillar has saved tens of millions of dollars a year. “The model is as successful today as it’s ever been,”
2017/03/09 16:11
Caterpillar’s experiment raises tough questions
2017/03/09 16:11
Pharmacy benefit managers process prescriptions for insurers and negotiate with manufacturers
2017/03/09 16:12
The Health Transformation Alliance, a year-old group of more than 30 companies including IBM Corp. and American Express Co., has promised to bring down costs
2017/03/09 16:12
In the U.S., $15 of every $100 spent on brand-name drugs goes to middlemen,
2017/03/09 16:13
The largest share, about $8, goes to benefit managers. In other developed countries, only $4 out of every $100 goes to middlemen
2017/03/09 16:13
A few benefit managers, including OptumRx, are accused in lawsuits of “clawing back”
2017/03/09 16:13