Victor Lustig Would Be Proud
This article hints of the money flow distribution through third party intermediaries. Prescription drug commissions (rebates) average 30-40% of total plan Rx spend inclusive of generic and brand name drugs. This article outlines a breakdown of who gets paid what through generic drugs: 40% to the PBM, 17% to retail pharmacies, 12% to wholesalers, leaving 30% for the pharmaceutical manufacturers.
Continue reading Middlemen Pocket 70% of Medicare Spending On Widely Used Generic Drugs, Study Finds
