Pharmacy Benefit Managers: Ownership of Mail-Order Pharmacies: A Federal Trade Commission Report
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Publisher: DIANE Publishing
Published:
Total Pages: 240
ISBN-13: 1428952500
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Author:
Publisher: DIANE Publishing
Published:
Total Pages: 240
ISBN-13: 1428952500
DOWNLOAD EBOOKAuthor: United States. Federal Trade Commission
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Published: 2005
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Federal Trade Commission. Bureau of Consumer Protection
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Published: 1998
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOKAuthor: Lawrence Abrams
Publisher:
Published: 2016
Total Pages: 23
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DOWNLOAD EBOOKOn September 6, 2005, the Federal Trade Commission (FTC) released a long awaited study of potential conflicts of interest by independent pharmacy benefit managers (PBMs). Like any good study of alleged wrongdoing, the FTC examined both motive and performance.The FTC's analysis indicated that it is in PBMs' own interest to favor mail order generics over brands. This analysis failed on two counts.The FTC failed to realize that potential wrongdoing is limited to situations involving “rebatable” brands and that rebate averages across all brands are significantly less that rebate averages across rebatable brands. They also failed to realize that business segment profitability is due as much to transaction volume as average unit margin. It turns out that mail order generics are a relatively high average margin, but relatively low volume business for PBMs. When these failures are corrected, the result is that PBMs earn more per rebatable transaction and in the aggregate from brand name drugs than mail order generics.
Author: Roy Levy
Publisher: DIANE Publishing
Published: 1999
Total Pages: 226
ISBN-13: 1428953639
DOWNLOAD EBOOKAuthor: Fordham Corporate Law Institute
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Published: 2009
Total Pages: 0
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DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on Commerce, Science, and Transportation
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Published: 2012
Total Pages: 140
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DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Competition Policy, and Consumer Rights
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Published: 2012
Total Pages: 420
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher: DIANE Publishing
Published: 2002
Total Pages: 129
ISBN-13: 1428951938
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Publisher: DIANE Publishing
Published:
Total Pages: 186
ISBN-13: 9781422322987
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