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Dear Editor:
FingerLakes1 recently reported on struggling local pharmacies, and as a local pharmacist and former lawmaker, I’d like to add my perspective. During the COVID-19 pandemic community pharmacists have been critical to patient care in every corner of our state. As a former state legislator and current practicing pharmacist I have to wonder why our lawmakers continue to side with greedy multi-billion dollar Pharmacy Benefit Managers (PBMs) at the expense of small pharmacies and their patients?
PBMs wield immense power in the prescription drug market, and have become notorious for using it to profit off the rest of the healthcare industry in particular independent pharmacists. In an attempt to level the playing field, many community pharmacists partner with pharmacy services administrative organizations (PSAOs), using their services to have an amplified voice during contract negotiations.