We’re Going to Knock Out the PBM Middlemen, Get Drug Costs Down

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President-elect Donald Trump vowed to take on big Pharmacy Benefit Managers (PBMs) at a Monday press conference at Mar-a-Lago.

“The horrible middleman that makes more money, frankly, than the drug companies, and they don’t do anything except they’re a middleman—we’re going to knock out the middleman,” Trump said.

He explained that by eliminating BPMs, “We’re going to get drug costs down at levels that nobody has ever seen before.”

Trump noted that Health and Human Services nominee Robert F. Kennedy, Jr. and Center for Medicare and Medicaid Services nominee Dr. Mehmet Oz had discussed reforming PBMs extensively, “I tell you, we spend more time talking about that with Bobby and with the executives and Oz, all of them. We spent more time talking about that than anything else.”

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