Ohio Attorney General Dave Yost blasted the middlemen responsible for negotiating drug prices on behalf of the state Monday, calling for immediate legislative action. The move comes a month after the state formally launched a lawsuit against the pharmacy benefit managers (PBM) responsible for the negotiations. Currently, Ohio cannot directly negotiate with major prescription drug manufacturers. The only means by which the prices of prescription drugs can be addressed in the Buckeye State is through PBMs or drug negotiators. Since they are compensated by the state, it’s expected of them to put the priority of Ohioans above all else. In June of last year, then Attorney General Mike DeWine, now governor, formally launched an investigation into the organizations, alleging that they were putting their own interests before the state. DeWine noted: Since the end of 2017, my office has been reviewing and investigating issues regarding PBMs and their contracts with Ohio agencies, such as the Ohio Department of Medicaid, the Ohio Bureau of Workers’ Compensation, the Ohio Department of Administrative Services, and our numerous pension systems. It is clear that the conduct by PBMs in these areas remains a major concern, and we anticipate that our investigation will result in…
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