Episode
How to Spot PBM Markups Hiding in Plain Sight (feat. James Murray)
- Podcast
- Moving to Value Unscripted
- Published
- Jul 21, 2026
- Duration seconds
- 2162
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Summary
What if a generic medication retailing for $15 was billed to your company’s health plan for over $6,000? James Murray, Founder and Managing Director of Murray Strategic Healthcare Ventures, spotlights these massive markups happening every day in corporate healthcare. With 35 years of Wall Street capital markets experience, Murray brings an institutional risk manager’s lens to the opaque world of Pharmacy Benefit Managers (PBMs). He identifies the middleman fees draining employer budgets and employee retirement assets, and shares how self-insured plan sponsors can use public Form 5500 filings and new CAA disclosure mandates to demand fee transparency at the renewal table. Tired of accepting healthcare spending as an uncontrollable expense? This episode is a roadmap to reclaiming control. ________ Sign up for our email list. Thank you to our members who make our work possible! As a 501(c)(3) nonprofit, the Moving to Value Alliance relies on generous supporters to advance our mission of creating a value-based healthcare ecosystem with high-quality health outcomes at a reasonable cost for plan sponsors and their members. Get involved at movingtovalue.org/members .