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PBM’s: The Invisible Influence Behind Modern Healthcare

You are here: Home / Archive / Feature Stories / PBM’s: The Invisible Influence Behind Modern Healthcare
Published: August 10, 2025 by RHJ Producer

Pharmacy Benefit Managers, or PBMs, play a powerful but often invisible role in U.S. healthcare. While they’re often blamed for rising drug costs, recent research suggests the real culprit may be drug manufacturers and patent protections. Our experts explain how PBMs have evolved from simple claims processors into complex organizations that work behind the scenes for insurance companies, pharmacies, and employers.


Guest Information:

  • Eric Levine, Principal, Avalere Health
  • Matthew Fielder, Senior Fellow in Economic Studies & in the Center on Health Policy, Brookings Institute

Links for more info:

  • Avalere Health: Eric Levine
  • LinkedIn: Eric Levine
  • Brookings Institute: Matthew Fielder
  • Brookings: A brief look at current debates about pharmacy benefit managers
Program #: 25-32Segment Type: Feature StoriesGuests: Eric Levine| Matthew FielderInstitutions & Organizations: Avalere Health| Brookings InstituteHost: Greg JohnsonProducers: Jason Dickey| Kristen Farrah
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About RHJ Producer

Since 1992, Radio Health Journal has been bringing listeners useful, verifiable information they can trust and rely on in the fields of medicine, science & technology, research, and the intersection of health & public policy. Both Radio Health Journal and sister show Viewpoints Radio are AURN productions.

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