STAT - Reporting from the frontiers of health and medicine

STAT - Reporting from the frontiers of health and medicine

Economics 101 is a simple concept , allow competition. Competition will lower prices. The problem is that there is a middleman that doesn’t let this happen. These middlemen are called PBM’s. PBM’s are, and will always be the reason for high drug prices. PBM’s have virtually NO laws that govern them. As long as PBM’s are free to do as they please without any consequences the fleecing of America will continue. They have one concern, their profits. Transparency is nonexistent , They actually claim that their hidden price schedule is proprietary ! I guess the Maffia should have used that bull shit line when the U.S Attorney locked them up for all the illegal activity they did! PBM’s are the wolf that watches the hen house. The sick thing about it is that they are getting away with it. The 3 biggest PBM’s control 85% of every prescription filled in this country, and they steal from every possible angle along the drug chain, from the manufacturer to the consumer. Now that D.O.J allowed Aetna,Cigna and Humana to buy the 3 largest PBM’s they have full vertical control of the health sistem. Yes ladies and gentleman WE ARE ALL SCREWED



Also in Industry News

How to decide whether or not to start treatment for prostate cancer?
How to decide whether or not to start treatment for prostate cancer?

0 Comments

How to decide whether or not to start treatment for prostate cancer?

Read More

Analysis of the SARS-CoV-2 proteome via visual tools
Analysis of the SARS-CoV-2 proteome via visual tools

0 Comments

Analysis of the SARS-CoV-2 proteome via visual tools

Read More

$65m investment increases British Patient Capital’s exposure to life sciences and health technology
$65m investment increases British Patient Capital’s exposure to life sciences and health technology

0 Comments

$65m investment increases British Patient Capital’s exposure to life sciences and health technology

Read More