But if you can, just to help people understand that a little bit better. Yeah, they are, they work for the insurance company. They are, if you can, they're the middleman. They get money, they're PBMs...are paid by the insurance to keep costs down. And so they, if they were eliminated, I think that the healthcare system could really get over this cog. They promote saving money, but it costs millions of dollars to have them in place. (10:29–11:10)
CLAIM
Asserts that PBMs are compensated by insurance companies to reduce costs.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
