Great write-up...definitely forwarding to friends! I know folks who have worked in the industry for decades and still don't fully understand these dynamics.
GoodRx is screwing pharmacies and selling patient data. When they are setting the price at half of acquisition, pharmacies are being stolen from. They should not be celebrated in any way. The last thing we need is more middlemen to try to get around existing middlemen.
The fix is to eliminate PBMs entirely. We are seeing huge savings in plans that pay directly. They have grown into an expensive and unnecessary problem that we all subsidize in multiple ways. The industry should be dissolved entirely.
Great article though. You did a great job explaining such a complicated industry. There are some lines in here I will be using when explaining PBMs to people.
Great write-up...definitely forwarding to friends! I know folks who have worked in the industry for decades and still don't fully understand these dynamics.
Great article thank you!
GoodRx is screwing pharmacies and selling patient data. When they are setting the price at half of acquisition, pharmacies are being stolen from. They should not be celebrated in any way. The last thing we need is more middlemen to try to get around existing middlemen.
The fix is to eliminate PBMs entirely. We are seeing huge savings in plans that pay directly. They have grown into an expensive and unnecessary problem that we all subsidize in multiple ways. The industry should be dissolved entirely.
Great article though. You did a great job explaining such a complicated industry. There are some lines in here I will be using when explaining PBMs to people.
Great article! I absolutely recommend this to everyone
Isn't this a typo: "Pharmacy buys drug A from the wholesaler for a small premium: 100 USD"? it should be 105 USD, right?
Great article 👏
Fantastic post