Drug spending continues to escalate, accounting for an even bigger portion of total U.S. healthcare spend each year.
Why do we pay so much for medications? Are the drugs we buy truly worth the price we pay? How can we figure out the real value of a medication?
Pramod John joins the MTVA Board to help answer these questions and more. Guided by cold, hard data, Pramod expertly demystifies the drug market and pharmacy benefit ecosystem. His straightforward approach to pharmaceuticals is a stark departure from the overcomplicated acronyms and jargon common in the PBM space – in this episode, Pramod proves that you reallyCAN explain health care value in a straightforward way!
“It’s not the drug that you’re paying for, it’s the outcome.”
Pramod John is the Chairman and CEO ofVIVIO Health, a public benefit corporation using data to disrupt the typical PBM model. VIVIO’s mission is simple: to deliver the right drug for the right patient at the right price.
We discuss what drug data really mean, why Americans are overpaying for prescriptions, and how to move beyond our current broken system.
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To learn more about topics discussed including the J&J lawsuit, PBMs and GLP-1 weight loss drugs, check out these other episodes of MTVA Unscripted:
J&J lawsuit
Wake-up Call: The Johnson & Johnson Prescription Pricing Scandal
From ERISA to CAA: How Has Employer’s Fiduciary Responsibility Changed Over Time?
PBMs
PBM Problems (Part 2): Transparency and Disrupting the Status Quo w/ Mutual Rx CEO Roy Wilkinson
PBM Problems (Part 3): Monopoly Power in Prescription Drug Markets w/ Luke Slindee
GLP-1s
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