Mary Powell will co-present a Western Pension & Benefits Council (WP&BC) webinar entitled Pharmacy Benefit Managers (PBMs)—What Are They and How Do They Impact Drug Costs in Employer-Sponsored Plans? on June 24, 2026, at 12:00 p.m. PT.
The discussion will cover the rise of prescription drug costs and the role of Pharmacy Benefit Managers (PBMs). Plan fiduciaries will learn where PBMs fit within the drug pricing ecosystem. Attendees will also hear about the recent employee-filed complaint against JPMorgan—one that survived a motion to dismiss—alleging that the company and its benefits committee breached their fiduciary duties by approving unreasonable compensation arrangements with the PBM.
