Relevant and even prescient commentary on news, politics and the economy.

Pharmaceuticals, Drug Stores. and PBMs

What private equity typically does when they buy into a company in trouble? Typically, they will strip a company of assets. What Matt is writing about is the application of public utility rules to control their methods of business, Rules are not open to interpretation as are laws. I have not seen this piece by […]

Pharmacy Benefit Managers

Introduction to Pharmacy Benefit Managers and their role with pharmacies, insurance companies, drug manufacturers, and healthcare. They do have an impact on the costs of healthcare through the pricing of drugs. Also, a large impact on growth in drug prices, higher patient out-of-pocket costs, availability, and the closing of independent pharmacies. What Pharmacy Benefit Managers Do, and […]

Finally . . . the FTC Sues PBMs for Jacking Up Insulin Prices

Previouly . . . As Dr. Perry Wilson explains; “Different chronic diseases have different patterns of price increases. The biggest increase was seen in diabetes care (1993 – 2013) and driven largely by the rising prices of pharmaceuticals” of which the cost of manufacturing did not increase. Now Secretary of HHS, Alex Azar as the CEO of Eli […]

Oklahoma Attorney General Suing Pharma Mfgrs and PBMs

Bit of an Introduction ; The above chart shows the extent of the consolidation of PBMs which also portays the growing lack of competition. The chart comes from the Oklahoma petition filed in the Cleveland County District Court. Cleveland County is the fifth fastest-growing county, encompassing vibrant communities such as the southern part of Oklahoma […]

Pharmacy Benefit Managers (PBMs) are Hiking the Price of Drugs

A follow-up to the much longer report on Insulin (test on this later) and how PBMs impact pricing on other drugs. “Insulin A Drug Pricing Analysis,” Angry Bear. “Drug manufacturers alone set and raise drug prices, and PBMs are holding drug companies accountable by negotiating the lowest possible cost for drugs, including insulins, on behalf […]

The Middlemen of Healthcare Pharma Especially

I copied the two paragraphs below (actually I took one and split it) from Matt Stoller’s Big News Letter. Matt is talking about the same issues I have been talking about for years. The Pharmaceutical Industry and their rip off pricing. It is a good read if you wonder over there. The YouTube is also […]

Pharmacy Benefit Managers: The Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies

There are seventy-one pages to this FTC report. My commentary looks at 5 edited (mine) pages of the report. The intent is to introduce you to Pharmacy Benefit Managers (PBMs) and the control they have over the market. The services they provide has been integrated with the healthcare insurance companies. Which makes this a dynamic […]

Generic drugs reimbursement is an issue identified by the Senate Finance Committee

AB: This brief article gets right down to the basics in where costs are added and impacting the prices to the consumer. It is simple and straight to the point of how PBMs impact the prices to the consumer. Very little or nothing was contributed by myself to this article by the authors Inmaculada Hernandez; […]

Seeking the reasons for the death for HB 135

This is Part 1 of a three-part story of how politics and delays backed by commercial interests and business sponsor groups delayed and eventually killed a bill meant to aid Ohio citizens. Kind of a forerunner to what may happen if Congress ever promotes a bill for healthcare-for-all. I will post the other two parts […]