Exposing the PBM Scam: Why Employers Are Losing Millions | Broken Healthcare Podcast #51

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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