AffirmedRx, a Public Benefit Corporation

"Let’s get to a point where we’re removing conflict from every step of the health care supply chain and then pull value from each of those steps uniquely." This powerful statement from our CEO, Greg Baker, underscores AffirmedRx’s mission to transform the pharmacy benefit industry. Don't miss this insightful discussion with Briana Contreras at Managed Healthcare Executive about rethinking health care and leading with transparency. https://lnkd.in/eSrB4F2H #HealthCareTransparency #PBM #AffirmedRx #Innovation Ann Lewandowski Mark Cuban Shawn Gremminger Transparency-Rx Jake Auchincloss Antonio Ciaccia Bil Schmidtknecht

“A common misnomer is that the biggest guys get the best deals, and while that might be true, they don’t pass those savings onto their clients.” In a recent interview with Briana Contreras at Managed Healthcare Executive, AffirmedRx CEO Greg Baker highlighted a clear approach for redefining the role of the PBM industry with an emphasis on prioritizing transparency and delivering savings that truly benefit clients and their members. Learn more from Greg Baker’s interview:  https://lnkd.in/e_7UmR9G #AffirmedRx #Transparency #PBM #CostSavings #BetterHealthcare Ann Lewandowski Mark Cuban Shawn Gremminger Transparency-Rx Jake Auchincloss Antonio Ciaccia Bil Schmidtknecht

This Wall Street Journal article highlights a critical flaw in our health care system: the enormous disparity in prescription drug prices, driven by a system where middlemen profit while American families and businesses bear the cost.⁣ ⁣ The article revealed staggering examples of drug pricing inconsistencies:⁣ ⁣ -Medicare drugs with prices that range by thousands of dollars depending on the plan and location.⁣ -Generic prostate-cancer drugs that cost $815 in one county but surge to $3,356 in another.⁣ -Seniors forced to dip into retirement savings or find part-time jobs just to afford life-saving medications.⁣ ⁣ This isn’t just an isolated issue affecting public safety nets like Medicare—it’s a broken, profit-driven system that impacts private markets too. Patients are paying more than they should while losing access to some of the care they need.⁣ ⁣ 𝐈𝐭’𝐬 𝐜𝐨𝐬𝐭𝐢𝐧𝐠 𝐮𝐬 𝐢𝐧 𝐦𝐨𝐧𝐞𝐲, 𝐚𝐜𝐜𝐞𝐬𝐬, 𝐚𝐧𝐝 𝐡𝐞𝐚𝐥𝐭𝐡—𝐚𝐧𝐝 𝐢𝐭 𝐬𝐡𝐨𝐮𝐥𝐝𝐧’𝐭 𝐛𝐞 𝐭𝐡𝐢𝐬 𝐰𝐚𝐲.⁣ ⁣ We believe there’s a better approach—one that prioritizes transparency, equitable pricing and patient care over profit margins. It's time to address this systemic dysfunction. Let's move toward a future where healthcare serves the people, not profit-first conglomerates.⁣ ⁣ What changes do you think are most urgently needed? Share your thoughts below. Article link: https://lnkd.in/gwSuKdXk

In 2022, Americans abandoned 94 million prescriptions because they couldn’t afford them. For every $1 increase in a drug’s list price, patients paid $2.09 more out of pocket—while pharmacy benefit managers (PBMs) pocketed larger rebates. Congress needs to take action to stop the three big PBMs, which control 80% of the market, from driving up costs, forcing patients into their own high-priced pharmacies and putting local pharmacies out of business.   The solutions are simple and ready to implement: -Full transparency in PBM pricing and rebate practices. -Delinking PBM compensation from drug prices to remove incentives for higher costs. -Sharing negotiated savings directly with patients at the pharmacy counter The evidence is clear, and bipartisan support for reform exists. Yet Congress has failed to act. Each day of delay costs families, businesses and local communities millions.   With just weeks left in this legislative session, Congress must pass PBM reform now. Patients cannot afford another year of price-gouging and abandoning prescriptions.   Read AffirmedRx’s Greg Baker’s piece published today in The Lane Report and demand Congress take immediate steps to fix this system: https://lnkd.in/ecX2BVu2

In 2022, Americans abandoned 94 million prescriptions because they couldn’t afford them. For every $1 increase in a drug’s list price, patients paid $2.09 more out of pocket—while pharmacy benefit managers (PBMs) pocketed larger rebates. Congress needs to take action to stop the three big PBMs, which control 80% of the market, from driving up costs, forcing patients into their own high-priced pharmacies and putting local pharmacies out of business.   The solutions are simple and ready to implement: -Full transparency in PBM pricing and rebate practices. -Delinking PBM compensation from drug prices to remove incentives for higher costs. -Sharing negotiated savings directly with patients at the pharmacy counter The evidence is clear, and bipartisan support for reform exists. Yet Congress has failed to act. Each day of delay costs families, businesses and local communities millions.   With just weeks left in this legislative session, Congress must pass PBM reform now. Patients cannot afford another year of price-gouging and abandoning prescriptions.   Read AffirmedRx’s Greg Baker’s piece published today in The Lane Report and demand Congress take immediate steps to fix this system: https://lnkd.in/ecX2BVu2

Happy World Kindness Day from AffirmedRx! 🌟 Today, we're reminded of the power of kindness to brighten someone's day and make the world a better place. Let's spread kindness like confetti, not just today, but every day.   Whether it's a smile, a kind word, or a small gesture, let's make a positive difference in the lives of those around us. Together, we can create a world filled with compassion and empathy. #WorldKindnessDay #AffirmedRx #SpreadKindness 🌍

🧬 Uncover the Potential of Pharmacogenomics with AffirmedRx! 🧬 We're excited to share our latest blog post diving into the world of pharmacogenomics and its impact on personalized medicine. Discover how understanding genetic differences can enhance medication effectiveness, reduce adverse effects, and pave the way toward a more tailored healthcare experience. 🔗 Read more on our website: https://lnkd.in/eaC_rhH4 #Pharmacogenomics #PersonalizedMedicine #AffirmedRx #PharmacyBenefits #InnovationInHealthcare

Honored to spotlight our partnership with Pittsburgh Business Group on Health (PBGH)! Together, we're working to bring greater transparency and fairness to the pharmacy benefits space, ensuring employers and employees alike benefit from accessible, cost-effective care. Check out PBGH’s latest insights into the PBM industry and see why this partnership is so valuable to us and those we serve. #PBMTransparency #PatientCenteredCare #AffirmedRx

Join AffirmedRx and the National Alliance in transforming the PBM industry! The pharmacy benefits space has long been dominated by lack of transparency and increasing consolidation, driving up costs and making it harder for people to get the care they need. At AffirmedRx, we’re doing things differently—putting patients first and being fully transparent about costs. We're thrilled to support National Alliance of Healthcare Purchaser Coalitions as they launch the PBM Hub at the Annual Forum in Arlington, VA. This groundbreaking initiative brings together forward-thinking employers, purchasers, and innovative PBMs to foster collaboration, education, and innovation for a better future in healthcare. The PBM Hub session is free for employers, purchasers, and National Alliance members. Register here:  https://lnkd.in/e6mKMvR2 Let’s make healthcare better, together! #HealthcareTransparency #NationalAlliance #AffirmedRx #PharmacyBenefits