Calling all employers and healthcare stakeholders! The latest National Alliance of Healthcare Purchaser Coalitions Pulse of the Purchaser report highlights a growing frustration with Pharmacy Benefit Managers (PBMs) and their anti-competitive practices. A staggering 99% of employers believe that drug prices are a significant threat, and 90% flagged PBM conflicts of interest as a major threat to affordability. It doesn't get more clear than that! From hidden fees to opaque rebates, PBMs are inflating drug costs and impacting patients, employers, and independent pharmacies—vital parts of our communities. Now, more than ever, we need transparency and accountability to ensure that PBMs serve employers, patients, and pharmacies fairly. Let’s push for change! #HealthcareTransparency #PBMReform Image credit: AI
HR and business owners need to realize how much money the big 3 PBMs and brokers that don’t care about their clients are costing them. One small employer saved 6 figures when a local broker showed them a pass through PBM option (they’re out there). 6 figures!
Pharmacist/Owner at Dave's Pharmacy
1w“The Price We Pay” by Dr. Makary is an eye opener regarding the hidden costs of PBMs and unscrupulous brokers. The big 3 PBMs make it difficult by paying brokers more to exclude smaller options from clients. (There are good brokers too but they are hard to find. Look for smaller local firms that care more about relationships and clients’ bottom lines than their own profits )