07:58 AM EDT, 07/23/2024 (MT Newswires) -- Pharmacy-benefit managers have concocted formularies of preferred medicines that favor higher-priced drugs over lower-priced alternatives, The Wall Street Journal reported Friday, citing a House Committee on Oversight and Accountability report it reviewed.

The PBMs have also made patients pay more to use a local pharmacy over a mail-order pharmacy affiliated with the manager, The WSJ reported, citing the report.

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