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Pharmacists gather to report on problems with pharmacy benefit managers

Dozens of Oregon pharmacies closed at once when all the Bi-Mart stores got out of the prescription drug business. Not long after that, the Oregon State Pharmacy Association ordered a report on the effects of pharmacy benefit managers (PBMs) on the medication marketplace.

PBMs occupy a space between insurer and pharmacy, and the OSPA report found great variations in their reimbursement practices, with big charges going to Medicare and Medicaid in some cases.

Antonia Ciaccia, an analyst who's been around pharmacies his entire life, visits with details of the report.

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The Jefferson Exchange is Jefferson Public Radio's daily talk show focused on news and interests across our region of Southern Oregon and Northern California. Angela Decker is the senior producer, Charlie Zimmermann is the assistant producer, and Geoffrey Riley hosts the show.