In Defense of Pharmacy Benefits Managers (Feedback) by Mark Merritt Posted 1/13/2014 12:00 am Arkansas Business' interview with drugstore lobby chief Mark Riley begs the question of why employers hire pharmacy benefits managers, or PBMs, instead of simply contracting directly with drugstores. Want the Full Article? Get Unlimited Archive Access for $19.95 per Year Readers must pay to access stories older than 20 days. Purchase Now Already have archive access? Login to view this article.