PHARMACIST STEVE

It is becoming more and more evident that the PBM industry – the top 4-5 PBM companies controls ~ 90% of all third-party Rxs. Below are a couple of recent posts on my blogs that show how these PBM’s are financially screwing both the pts and especially the independent pharmacies.  I had my own independent […]

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Biden revises Title IX protections for pregnancy,trans people and assault victims https://www.msn.com/en-us/news/us/biden-revises-title-ix-protections-for-pregnancy-trans-people-and-assault-victims/ar-AA1njyNs The Biden administration has finalized new Title IX regulations that codify protections for transgender people, as well as enhance protections for victims of sexual assault or harassment and pregnant people. “For more than 50 years, Title IX has promised an equal opportunity to […]

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When you look into the rearview mirror, “we” seem to like to be “in a war”. The last time that we won a war was 1945 – almost 80 years ago – and that took TWO A-BOMBS.  When Obama came to office we were 9 trillion in debt and when he left we were ~ […]

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Federal Agencies Launch Portal for Public Reporting of Anticompetitive Practices in the Health Care Sector https://www.ftc.gov/news-events/news/press-releases/2024/04/federal-agencies-launch-portal-public-reporting-anticompetitive-practices-health-care-sector Today, the Federal Trade Commission, Justice Department, and the U.S. Department of Health and Human Services (HHS) launched an easily accessible online portal for the public to report health care practices that may harm competition. The online portal, HealthyCompetition.gov, […]

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PBM rebate schemes to suppress biosimilar Humira cost patients $6B, IQVIA analysis finds https://drugstorenews.com/pbm-rebate-schemes-suppress-biosimilar-humira-cost-patients-6b-iqvia-analysis-finds The Biosimilars Council released a new analysis by IQVIA that reveals a PBM strategy to protect $2 billion in profits by “strangling” the biosimilar market and preventing savings for patients. The Biosimilars Council, a trade association representing manufacturers of biosimilar medicines, […]

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According to this, Caremark flipped the Rx to Goodrx, and the pt was charged ~ $46. GoodRx charged the pharmacy a $38.50 “administration fee” and the pharmacy was left with a $16 LOSS and the money that the pt paid at the pharmacy did not apply to their annual deductible.  I saw a video the […]

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Federal Agencies Launch Portal for Public Reporting of Anticompetitive Practices in Health Care Sector https://www.justice.gov/opa/pr/federal-agencies-launch-portal-public-reporting-anticompetitive-practices-health-care-sector The Justice Department, Federal Trade Commission (FTC) and the Department of Health and Human Services (HHS) today launched an easily accessible online portal for the public to report health care practices that may harm competition. The online portal, HealthyCompetition.gov , […]

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