State Rep. David Knight had a triumphant look Friday when talking about his quest for more oversight and restrictions on the PBM industry.
Pharmacy Benefit Managers are basically corporate middlemen between health insurers or large employers and drugmakers in handling pharmaceutical benefits. The Georgia General Assembly approved a group of bills in recent days to rein in how PBMs operate.
[…] Raising the tobacco tax to the national average, $1.81, and taxing vaping products would raise up to $600 million per year annually, according to an estimate by the Georgia Budget and Policy Institute, a think tank. That move would erase pending cuts across the major health agencies, said Laura Harker of GBPI.