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Medicaid chief quietly drops bombshell: Millions obtained by PBMs unaccounted for by state

Pharmacy benefit managers are making millions of dollars through Ohio's Medicaid program for which Medicaid can't account.

That's because the PBMs are collecting controversial cash "clawbacks" from pharmacies after the state has closed its books on prescription-drug purchases for more than 3 million poor and disabled Ohioans, Medicaid Director Maureen Corcoran acknowledged Wednesday before a legislative watchdog panel.

Read the full story here.


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