This is why independent pharmacy owners are so upset. This is a travesty for our profession but in reality, it affects all business sectors...anyone who takes medication and any company or government entity who provides benefits to their employees. This is why I am passionate about my government affairs consulting. Our legislators need to be aware of what is happening.
This is a great overview for the average consumer to learn about the role of the PBM in today's healthcare! Thanks for sharing! I would love to see an additional video addressing underwater MACs, non-transparent DIRs, and PBM clawbacks! Let's keep spreading this!
Cigna (who owns Accredo/Express-Scripts!) will only fill 90 day supply of my medicine at their PBM Accredo... if I want to fill it at a local pharmacy or even a major chain like walgreens, they will only fill 30 days at a time!! There's NO explanation why this is, but its pretty clear to me it's anti competition!! California SB 966 is hoping to regulate these PBMs, if you are in California write to Gov Newsom and ask him to support it! Sad this video is 7 years old, explains the issue perfectly and is STILL HAPPENING today.. great video though, thanks, will share it
the best pharmacy service comes from independent pharmacies, PBMs and chain gave ganged up against this by stabbing their back as a safe harbor for their no so good customer or patient care
where some crack head swaps out the good drugs for tainted ones but the name checks out and the paperwork looks good. you can probably get the good ones on the street for cheaper. GO THAT ROUTE! 💪💯
:PBM are screwing the industry Here is a few examples with my RX plan PBM Tramdol 50 MG tablets 8.00 Co pay Good Rx Gold Price 3.95 Lorazepam 0.5mg PBM co pay 14.00 Good Rx Gold Price $4.00 and Cariosprodol (Soma) 350 Mg tablets 90 tablets PBM co Pay was 35.00 Good Rx Gold Price 14.00 PBM co pay 57.00 Good Rx Gold price cash $21.95 so I don't use the crappy PBM
Working on an assignment for my Master's degree...
This video has been very helpful for me.
+1
Excellent video, thank you for helping to shed light on the shameful games that PBMs play!
This is why independent pharmacy owners are so upset. This is a travesty for our profession but in reality, it affects all business sectors...anyone who takes medication and any company or government entity who provides benefits to their employees. This is why I am passionate about my government affairs consulting. Our legislators need to be aware of what is happening.
Politicians have people in on this scheme contributing to their "campaign fund". American people have been sold out at every turn
This is a great overview for the average consumer to learn about the role of the PBM in today's healthcare! Thanks for sharing! I would love to see an additional video addressing underwater MACs, non-transparent DIRs, and PBM clawbacks! Let's keep spreading this!
This is the only country in the world where this kind of racket is legal
Cigna (who owns Accredo/Express-Scripts!) will only fill 90 day supply of my medicine at their PBM Accredo... if I want to fill it at a local pharmacy or even a major chain like walgreens, they will only fill 30 days at a time!! There's NO explanation why this is, but its pretty clear to me it's anti competition!!
California SB 966 is hoping to regulate these PBMs, if you are in California write to Gov Newsom and ask him to support it!
Sad this video is 7 years old, explains the issue perfectly and is STILL HAPPENING today.. great video though, thanks, will share it
Great learning vid. Succint. Great overview. I would be interested in getting into details, or further reference. Thanks.
pbms destroyed health industries
What plan wont pay for a generic? I actually never heard of this
Mine. Won't cover Omeprazole (Prilosec) anymore but will cover newer ones.
@@jt8025 i guess they want their rebates.... newer ones like Protonix or Nexium??
Thank you for the information… no wonder my local community pharmacies are struggling. Yet another scam by the big players
This is nuts
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pbms don't let you see the new employers formulary unless you enroll first. That's complete b.s.
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the best pharmacy service comes from independent pharmacies, PBMs and chain gave ganged up against this by stabbing their back as a safe harbor for their no so good customer or patient care
All very valid points but not so well explained.
2:11 #grangergloryhole
where some crack head swaps out the good drugs for tainted ones but the name checks out and the paperwork looks good. you can probably get the good ones on the street for cheaper. GO THAT ROUTE! 💪💯
Interesting ponzi scheme
the author made up all his numbers. I used to believe what he said but now when I see the pbm financial, I know this video is total bs
The scale and magnitude of the numbers are pretty spot on actually. Don't see any 'bs' there.
Right wing and it's outrage performers are strategically outraged about non existing issues providing a distraction/smokescreen to robbers.
You only think Republicans are to blame? You don't think some Democrats share in the blame???
:PBM are screwing the industry Here is a few examples with my RX plan PBM Tramdol 50 MG tablets 8.00 Co pay Good Rx Gold Price 3.95 Lorazepam 0.5mg PBM co pay 14.00 Good Rx Gold Price $4.00 and Cariosprodol (Soma) 350 Mg tablets 90 tablets PBM co Pay was 35.00 Good Rx Gold Price 14.00 PBM co pay 57.00 Good Rx Gold price cash $21.95 so I don't use the crappy PBM
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thanks i hate it