So for instance, on an eloquent $600 point price, they're out $570 and they need to collect that money back as soon as possible. What PBMs do is not only wait to get the value of the float, but they also under reimburse [pharmacies]. them. So instead of paying them at least the $570 so they can break even, they pay them less, knowing that there's only so much they can take where they'll … (02:49–02:56)
CLAIM
Asserts that PBMs under-reimburse pharmacies and delay payments to benefit from the float.
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