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Mary Felzkowski: “Insurers have purchased PBMs and pharmacies, so we have…”

Featuring: Mary Felzkowski, Republican | Wisconsin State Senate, District 12

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Senate President Felzkowski Breaks Down PBMs

Published | Video Starts at 01:09

Great idea if that was the end result. But as time has gone on, we have watched PBMs become extremely vertically integrated. What do I mean by that? Insurers have purchased PBMs and pharmacies, so we have vertical integration happening. There's no savings being passed on to you, the consumer. So what happens? It's keeping drug prices artificially inflated. (01:09–01:17)

CLAIM

Asserts that insurers have acquired PBMs and pharmacies, leading to vertical integration.

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.


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