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I, like many other Florida political analysts, am gravely concerned about the PBM Transparency Act, a congressional bill that will ostensibly balloon the cost of state patients’ medications if passed. The bill foolishly takes aim at pharmacy benefit managers (PBMs) — negotiating agents that governments, insurance companies, and employers pay to work on cutting Big Pharma’s prices down. Figuratively speaking, PBMs are like unions for healthcare purchasers. They use all the clout and muscle they have at the negotiating table to hold the major drug companies’ feet to the fire and prevent them fro…

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