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Tammy Baldwin: “PBMs wheel and deal with all the healthcare providers and…”

Featuring: Tammy Baldwin, Democratic | U.S. Senate, Wisconsin

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With Liberty and Justice for Some Ep. 46 with Senator Tammy Baldwin

Published | Video Starts at 22:11

And then, you know, I was long aware of all the middlemen like the PBMs in the pharmaceutical industry. So you have the pharmaceuticals, they set the price and then the PBMs wheel and deal with all the healthcare providers and say discounts here, rebates there, all in this opaque fashion. that nobody knows. But they're pulling some of the money out. Right. They're not doing this for free. Yeah. And so why are things so expensive? (22:11–22:20)

CLAIM

Asserts that PBMs operate in a non-transparent manner with healthcare providers.

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