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May 5, 2025 73 mins

In this explosive episode of Broken Healthcare, host Ray Kober sits down with Joe Shields, Executive Director of Transparency-Rx, to reveal the truth about pharmacy benefit managers (PBMs)—and why most employers are unknowingly bleeding money in a rigged system.


From hidden fees and offshore rebate schemes to broken fiduciary responsibilities and regulatory wake-up calls, this conversation pulls back the curtain on how the “healthcare” system works against the very people it's supposed to serve.


🎯 Topics include:

  • The PBM rebate racket: who’s getting rich and who’s paying the price
  • How “fully insured” and “self-funded” really play out in practice
  • Why most brokers and carriers are protecting their own profits
  • The growing legal risks for employers under the CAA
  • What Transparency-Rx is doing to help fix this broken system


📢 If you’re a CEO, CFO, or HR leader spending 7+ figures on employee healthcare, this episode could save your company—and protect your people.


🎧 Watch now and take control.


🔗 Full docuseries at Benefixa.com


#BrokenHealthcare #PBMTransparency #HealthInsuranceReform #EmployerBenefits #FiduciaryDuty #HealthcareScam #CostContainment #JoeShields #RayKober #TransparencyRx


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