PBMs have used various strategies over the years to squeeze independent pharmacies, and these tactics are on the rise as the federal government takes aim at reigning in the notorious middlemen.
Dear Colleague, The stock market has been pounded this week but over the last five years, the S&P 500 is still up about 60 percent and the NASDAQ, about 83 percent. Now, I’m far from being an investor pro. For example, I bought $2,000 of Warner-Lambert stock as a 26-year-old, only to sell it a few months later for $2,500 thinking I had struck it rich with my $500 profit. Don’t even ask me about the opportunity for Chipotle shares when it split from McDonald’s in 2006. Experience and hindsight come in handy. Too bad I had neither to guide me through those transactions.
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