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|On the Scene|
|Thursday, February 11, 2010|
BY KEVIN MANAHAN
Going to Walgreens to pick up a generic prescription drug may only cost about $8. But while that’s the price at the transaction, the cost to you as an employer could actually be $16. Why the mark-up? Pharmacy benefits managers (PBM) often use a practice called spread pricing as a revenue source, costing companies much more for their prescription benefits than they should be paying.
Kevin Manahan is the online editor for Oregon Business.
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