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End Anti-Market Distortions in Current PBM System Would Lower Patient Costs, Increase Access to Life-Saving Drugs
NEW STUDY | February 7, 2024 | Wayne Winegarden
PBMs earn revenues from fees charged to pharmacies and plans, a percentage of negotiated discounts with manufacturers, and fees tied to the drug’s list price. They earn more money when drug list prices are high, which has encouraged a rise in list prices in recent years.
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Bernie's Anti-Pharma Crusade Is Not In Patients' Interests
Forbes | Sally Pipes | January 30, 2024
The Senate Health, Education, Labor, and Pensions Committee will convene to hear testimony from the CEOs of Johnson & Johnson, Merck, and Bristol Myers Squibb on the prices of their drugs.
The executives agreed to testify after the committee’s chair, Vermont socialist Sen. Bernie Sanders, I-Vt., threatened to issue subpoenas compelling them to appear. He’s relishing the chance to scold them. “Why does the United States pay, by far, the highest prices in the world for prescription drugs?” he asked in a letter ([link removed]) last fall to the CEOs.
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Americans Want Value for Healthcare, Not Another Welfare Plan
Newsmax | Sally Pipes | February 6, 2024
“Numbers do not lie,” said Chiquita Brooks-LaSure ([link removed]) , administrator of the Centers for Medicare and Medicaid Services in response to the news. “[D]emand for Marketplace insurance coverage [is] at an all-time high …”
The story behind those numbers is less impressive. If previous years are any indication, the surge in sign-ups is largely ([link removed]) because ([link removed]) the government is picking up the tab.
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