The SEC forced pharmacy benefit manager Express Scripts to break out a seemingly benign number from its balance sheet. It has to do with the rebates it collects from pharmaceutical firms. Experts say it's weird that the company wasn't breaking this out before. The number does, however, speak to a lot of concerns people have about PBMs in general, and who they're actually serving — their clients or big pharma. The SEC has been trying to get to the bottom of a very important question for...


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