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תוכן מסופק על ידי Egberto Willies. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Egberto Willies או שותף פלטפורמת הפודקאסט שלו. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
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President of 3 Axis Advisor Antonio Ciaccia discusses his Pharmacy Benefit Managers PBM report.

17:40
 
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Manage episode 311608506 series 1303546
תוכן מסופק על ידי Egberto Willies. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Egberto Willies או שותף פלטפורמת הפודקאסט שלו. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

Antonio Ciaccia exposes Pharmacy Benefit Managers (PBMs) and their drug pricing complicity. My question is, should PBMs even exist?

Antonio Ciaccia, President of 3 Axis Advisors led government affairs for the Ohio Pharmacists Association, a trade organization with a strong track record of advocating for drug pricing transparency. Antonio has since spent years studying the pharmacy marketplace, publishing several analyses on the drug pricing code, and pulling the rug out from what he believes is one of the most dysfunctional marketplaces in the world.

If you have health insurance, whether it be through Medicare, Medicaid, or private insurance, chances are it’s managed by a PBM. They act as middlemen between drug manufacturers and patients’ health plans, negotiating savings on prescription medicines and determining which drugs will be covered by insurance. However, PBMs fail to pass savings to the patients and insurance companies, while undermining the possibility for competition that would drive value and savings for consumers. This drives up the cost of prescription drugs, leaving you to pay more out of pocket.

“With PBMs essentially centered at the core of the U.S. drug supply chain, it begs for scrutiny of how their business practices may exacerbate drug pricing dysfunction and excess,” said Mr. Ciacias. “As PBMs claim to be the only entity working to control drug prices, we believe that analyses like this report can shed light on the incentives and opportunities PBMs have to inflate costs rather than provide savings to plan sponsors and patients.”

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2767 פרקים

Artwork
iconשתפו
 
Manage episode 311608506 series 1303546
תוכן מסופק על ידי Egberto Willies. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Egberto Willies או שותף פלטפורמת הפודקאסט שלו. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

Antonio Ciaccia exposes Pharmacy Benefit Managers (PBMs) and their drug pricing complicity. My question is, should PBMs even exist?

Antonio Ciaccia, President of 3 Axis Advisors led government affairs for the Ohio Pharmacists Association, a trade organization with a strong track record of advocating for drug pricing transparency. Antonio has since spent years studying the pharmacy marketplace, publishing several analyses on the drug pricing code, and pulling the rug out from what he believes is one of the most dysfunctional marketplaces in the world.

If you have health insurance, whether it be through Medicare, Medicaid, or private insurance, chances are it’s managed by a PBM. They act as middlemen between drug manufacturers and patients’ health plans, negotiating savings on prescription medicines and determining which drugs will be covered by insurance. However, PBMs fail to pass savings to the patients and insurance companies, while undermining the possibility for competition that would drive value and savings for consumers. This drives up the cost of prescription drugs, leaving you to pay more out of pocket.

“With PBMs essentially centered at the core of the U.S. drug supply chain, it begs for scrutiny of how their business practices may exacerbate drug pricing dysfunction and excess,” said Mr. Ciacias. “As PBMs claim to be the only entity working to control drug prices, we believe that analyses like this report can shed light on the incentives and opportunities PBMs have to inflate costs rather than provide savings to plan sponsors and patients.”

---

If you like what we do please do the following!

Most Independent Media outlets continue to struggle to raise the funds they need to operate much like the smaller outlets like Politics Done Right

  • SUBSCRIBE to our YouTube Channel here.
  • LIKE our Facebook Page here.
  • Share our blogs, podcasts, and videos.
  • Get our books here.
  • Become a YouTube PDR Posse Member here.
  • Become a Politics Done Right Subscriber via Patreon here.
  • Become a Politics Done Right Subscriber via Facebook here.
  • Consider providing a contribution here.
  • Please consider supporting our GoFundMe equipment fund here.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/politicsdoneright/message
  continue reading

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