The PBM's have razor thin margins and they are the real roadkill. They need a retail outlet more than WAG needs them. The PBM's do not have any more room to run and they are not going to be able to keep taking WAG's customer's at a loss.
WAG is now a takeover target for its distribution network of retail stores and PBM's as you have known them are about to have even more razor thin margins from not being able to stuff clients mailboxes with expensive scripts when a generic would have been just fine.
Maybe WAG should do what the PBMs do and get a good trade organization to limit people's choice of where they can get their scripts filled.
100,000 grand to a politician for a billion dollar payout is going to be a thing of the past very very soon.
Long WAG FYI. I just bought it on this selloff even though I realize in the short term there are some headwinds ... but I believe those headwinds will soon be shifting.