#1: Amy Rx Baker on Challenges Facing Independent Pharmacies, Pharmacy Benefit Managers (PBMs), and Economic Consequences of Vertical Integration
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Manage episode 302255432 series 2981947
Connect:
https://www.linkedin.com/in/amyrxbaker/
https://www.instagram.com/amyrxbaker/
https://twitter.com/nickolascrim
https://www.linkedin.com/in/nickolasc/
Referenced in the Episode:
https://www.youtube.com/watch?v=-oQbbC2Ral4
https://www.ewg.org/apps/
Timestamps:
(1:45) Amy’s background
(3:33) Lessons from forks in her career path
(5:40) Pharm to Pharm program idea
(6:45) Benefits of virtual care and ongoing triaging
(8:52) Competitive Health Insurance Reform Act and Executive Order on Promoting Competition in the American Economy
(12:20) Does increasing access to generic drug lower costs for patients?
(14:15) Pharmacy Benefit Managers (PBMs) and some of the contracting and pricing games they play
(21:40) Amy’s comment to FTC regarding vertical integration
(22:40) PBMs mail-order pricing game
(24:03) Definition of patient drug compliance
(24:56) These issues are more than dollars and cents. People’s livelihood and health is involved.
(25:30) Patients loyalty to their local independent pharmacy
(26:19) Explanation of vertical integration and what it does to competition
(31:20) It’s up to use to help educate our politicians
(32:40) Amy’s 2016 Longevity Summit talk on toxic burden
(36:45) Healthy Living app for scanning personal care product and seeing safety rating
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