Benefits Think Rewriting the PBM playbook: Exposing hidden costs and empowering plan sponsors

Published June 4, 2026 5:30 AM EDT 8 Min Read

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Part one of a two-part series. Part two will be published on June 5.

Pharmacy benefit managers (PBMs) occupy a central position in the prescription drug supply chain, administering prescription drug benefits for most commercially insured Americans.

Simon Leung

VP, head of pharmacy at Conner Strong & Buckelew

Simon Leung PharmD, RPh is VP, head of pharmacy at Conner Strong & Buckelew, one of America's largest and most respected insurance brokerage, employee benefits and risk management consulting … Read full bio

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