Pharmacy Benefit Managers: A Monopoly Game with Real-Life Consequences (Part 1)

Part 1 of a 2-part conversation with state and national leaders in the battle against Pharmacy Benefit Managers (PBMs) and their predatory practices which are harming patients and pharmacies throughout the country, especially in rural areas such as West Virginia!

Panelists Include:
Douglas Hoey, CEO of National Community Pharmacists Association
Antonio Ciacca, CEO of 46brooklyn Research and APhA - American Pharmacists Association
Joni Cover ,VP of Strategic Initiatives at National Alliance of State Pharmacy Associations (NASPA)
Lynne Fruth, President and Chairman of Fruth Pharmacy
Heidi Romero, Pharmacist and Advocate at Griffith & Feil Pharmacy in Kenova, WV

Resources for more education:

PBM Accountability Project pbmaccountability.org

How PBMs Make Money: PBM Practices & Profits https://info.rxsafe.com/blog/pbms-make-money-infographic

Pharmacy Benefit Manager: Market Landscape and Strategic Imperatives https://www.hirc.com/system/files/public/MM_PBM%20Landscape_2022.pdf

Getting to the Root of High Prescription Drug Prices July 10, 2017 https://www.commonwealthfund.org/publications/issue-briefs/2017/jul/getting-root-high-prescription-drug-prices

Pharmacy Times White Paper: DIR Fees Simply Explained October 25, 2017 https://www.pharmacytimes.com/view/white-paper-dir-fees-simply-explained

Pharmacy Benefit Managers and Their Role in Drug Spending April 22, 2019

https://www.commonwealthfund.org/publications/explainer/2019/apr/pharmacy-benefit-managers-and-their-role-drug-spending

How Have Diabetes Costs and Outcomes Changed Over Time in the US? November 15, 2019 https://www.healthsystemtracker.org/chart-collection/diabetes-care-u-s-changed-time/#health-spending

From Benefit Cards to Billions in Profits: The Evolution of the Modern PBM March 17, 2020 https://www.withmehealth.com/newsroom/from-benefit-cards-to-billions-in-profits-the-evolution-of-the-modern-pbm

How State Medicaid Programs Are Managing Prescription Drug Costs Pharmacy Benefit Administration 2019 April 28,2020 https://www.kff.org/report-section/how-state-medicaid-programs-are-managing-prescription-drug-costs-pharmacy-benefit-administration/

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