The End Of Medical Middlemen in the American Healthcare System?

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A dictionary definition of fraud reads “an act of deceiving or misrepresenting.” It matches what’s happening with middlemen who can’t justify why a $5 pill in Brazil sells for $100 in the U.S., even though the same company manufactures the drug. Middlemen are plentiful and prosperous in the American healthcare system, but recent developments suggest their business is threatened. Medical middlemen, or pharmacy-benefit managers, have pocketed large profits through opaque pricing methods for years. But now, lower-cost options from Mark Cuban, Amazon, and numerous startups pressurize their busines…

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