The PBM Shake-Up: How 2025’s Transparency Rules Are Reshaping Pharmacy Contracts and Drug Costs
2025 is proving to be a transformative year for pharmacy benefits management. New federal transparency requirements are shining a spotlight on Pharmacy Benefit Managers (PBMs), forcing these powerful intermediaries to disclose financial practices previously hidden from view. For employers—especially tribal enterprises and mid-sized organizations—this shake-up carries significant implications for plan costs, contract negotiations, and overall […]