Ohio’s attorney general wants lawmakers to make changes to the way the state deals with pharmacy benefit managers (PBMs). Those are the private companies that handle prescription drug buys for its current and retired employees, Medicaid recipients and the workers’ compensation system.
Dave Yost wants one centralized state contract with all PBMs. He said that should eliminate the secrecy that he thinks has allowed PBMs to overcharge the state.
“Just as a guess, I’m thinking certainly tens of millions of dollars are on the table here," Yost said.