How Louisiana’s Lawsuit Against Major PBM Could Impact Your Wallet

Louisiana is taking action against one of the big three PBMs (Pharmacy Benefit Managers) following a similar move by Florida and shining a spotlight on their massive market share and opaque pricing practices. Because dominant PBMs largely dictate terms within the prescription benefit system, independent pharmacies are struggling to stay afloat while everyday consumers, employers, and insurance plans shoulder the burden of rising healthcare and medication costs.

In a recent KTVE-TV segment, SHARx CGO Paul Pruitt breaks down these critical issues and explores alternative options, such as cash-friendly choices that can sometimes offer lower costs for medications.