Search results for #PBMs
There are about 2 dozen #PBMReform bills before Congress that have yet to come to a vote. Find out why #PBMs are facing such intense scrutiny. reuters.com/business/healt…
It’s fair to be upset that Becerra flubbed his testimony and isn’t tracking on HHS legal strategy. But the real takeaway is that this administration has absolutely no plan to go after #PBMs. Which is kind of weird, no? | @brianreid ow.ly/M1bx50RjlBX
"Here is a quick description of who #PBMs are and what they actually do to set things straight: PBMs are essentially middlemen who make obscene profits playing a sophisticated arbitrage game." | @rc_markets ow.ly/wkzj50Rjlb7
Forcing pts to use #PBMs is not cost effective, threatens health: most medications not stable for transport above 86 degrees F & as such efficacy on average may decrease 10 to 15%. No oversight with #PBMs puts pt lives at risk for every refill. Thank you #pharmacists
Forcing pts to use #PBMs is not cost effective, threatens health: most medications not stable for transport above 86 degrees F & as such efficacy on average may decrease 10 to 15%. No oversight with #PBMs puts pt lives at risk for every refill. Thank you #pharmacists
"With so much regulation in #healthcare, how did we get here? And the answer has a lot to do with the fact that just a handful of large #PBMs control 80% of the U.S. market." End the PBM monopoly: lanereport.com/172835/2024/04…
Despite our lawsuit against @HHSGov, which we won, @SecBecerra doesn’t understand how #insurers & #PBMs aren’t counting #copayassistance $ towards #outofpocket costs. He finds no harm to #Rx access & confuses it w/Medicare. Watch exchange w/@RepBuddyCarter bit.ly/441Cs3x
Bills will not save us. The #PBMs will circumvent every single healthcare bill. They will find a way to stay in the top tier of Fortune 500.
#PBMs are negatively impacting treatment access for medical patients across the country. Congress & the White House need to take action to ensure accountability, oversight, and transparency for patients. @SenatorCardin @ChrisVanHollen @RepAndyHarrisMD @RepSarbanes @RepRaskin
Independent pharmacies are critical in providing health care services for patients in rural communities — that’s why #PBMs are committed to working with pharmacies to support patients’ access to #RxDrugs. pcmanet.org/rx-research-co…
@biospace is reporting that there were 8,300 new Rx for #biosimilar Hyrimoz in week ending Apr 5. With 1.7M Rx for Humira in 2021 (30,000 weekly), this biosimilar captured approx 27% for 1 week. Reason why is #PBMs opened up formulary in 2024. Formulary markets work, just slow.
@SteveMooreRx @Commpharmacy When the discussion switches to honest straight to the point. All about the money conversation. Because that is the only way my employees, landlord, government, accept payment. Hard earned money. We cannot get paid 10% under cost. It is an abusive monopolistic practice by #PBMs
Glad to report staffers at all levels of Congress told us today there is broad bipartisan support to reform #PBMs thx to a unique coalition of patients, doctors, pharmacists, & businesses. Writing is on the wall! Keep raising your voice! #ATAPHillDay2024 @ATAPAdvocates @ACRheum
@RepBuddyCarter asks @SecBecerra, “Why are you allowing #insurers & #PBMs to collect all this extra $ at the expense of #patients?” We want to know, too! The administration should enforce the law to make #allcopayscount
Starting in October 2021 Medicare coverage for Stelara SQ switched from Part B ( no formulary only gated by GPOs ) to Part D ( formularies gated by Big 3 #PBMs ) Result will be starting in 2025, it will be much harder for #biosimilars to get coverage. Not looking good for $ALVO
39 Att. Generals sign bipartisan letter urging action on #PBM Reform. Congress must take decisive action to reform the way #PBMs conduct business and bring more transparency to patients across America. Read the full letter: ow.ly/l2ig50Ritf5 @SenatorCardin @ChrisVanHollen
@johnmarknewman @PGunigantiAT @musharbash_b Doesn’t the welfare effect of exclusive dealing by a supply chain intermediary to capture / create rent with upstream mfgrs depend on how much of rent capture is passed down to consumers. The welfare issue of countervailing power was debated by Stigler & Galbraith. Today #PBMs
New analysis from @BiosimsCouncil shows that #PBMs create significant barriers to accessing #biosimilars for #seniors in #Medicare Part D. Read more from @DrugStoreNews at bit.ly/43X4v40
.@AARP props up #SocialSecurity issues yet hasn't offered any actual policy solutions. Is @AARPadvocates gaslighting #seniors on Social Security to draw attention away from @AARP's BILLION-dollar financial partnership with big insurer-#PBMs like @UHC? theiowastandard.com/letter-why-is-…
.@AARP props up #SocialSecurity issues yet hasn't offered any actual policy solutions. Is @AARPadvocates gaslighting #seniors on Social Security to draw attention away from @AARP's BILLION-dollar financial partnership with big insurer-#PBMs like @UHC? theiowastandard.com/letter-why-is-…
It's cheaper for me to get my meds from Mark Cuban online than to use my Part D insurance because of collusion between insurance companies and Pharmacy Benefit Managers. @ChrisVanHollen @SenatorCardin Pass #PBMReform to make #PBMs more transparent and more accountable.