By Megan Thompson & Mori Rothman

PBS: Americans pay more for prescription drugs than any country in the world, and the pharmaceutical industry earns billions in profits each year. Critics blame pharmacy benefit managers, or PBMs, for a portion of those high costs through their role as middlemen between insurance plans, drug makers and pharmacies—but PBMs say they save consumers money. NewsHour Weekend Megan Thompson reports as part of an ongoing series of reports called “Chasing the Dream,” which reports on poverty and opportunity in America.

 

Watch the video here