Essay
Many mail-order pharmacies these days are owned by PBMs. Addressing the concerns that such ownership might lead to a conflict of interest, the Federal Trade Commission (FTC) launched an investigation into this practice and published its report "Pharmacy Benefits Managers: Ownership of Mail-Order Pharmacies" in 2005. The report found, however, that there were no significant differences between the practices of the two types of mail-order pharmacies, including no significant differences in the use of generics between PBM-owned (35% of all dispensed drugs) vs. non-PBM owned (36% of all dispensed drugs) mail-order pharmacies. Discuss what could be a valid explanation behind this finding.
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