Pharmacy benefit managers, organizations that negotiate access to medicines for most US patients, steer patients to use their own pharmacies. They are part of conglomerates (CVS, UnitedHealth Group, Cigna, Humana) that own insurance companies and pharmacies, which may create conflicts of interest.
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#PharmacyBenefitManagers #HealthcareTransparency #ConflictsOfInterest #PatientAccess #PharmacyPharmaceuticals
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#PharmacyBenefitManagers #HealthcareTransparency #ConflictsOfInterest #PatientAccess #PharmacyPharmaceuticals
Weill Cornell Medicine
Medicare Rules May Reduce Prescription Steering
Weill Cornell Medicine researchers have found that pharmacy benefit managers (PBMs)—organizations that negotiate access to medicines for most patients in the United States—steer patients to use their own pharmacies.
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Generic drugs can be supplied at savings of over 60% for patients 💊 and 90% for payers 💰 through a health care utility model that emphasises reliable supply at affordable cost rather than profits, says a new study.
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#GenericDrugs #HealthcareSavings #AffordableMedicine #HealthUtilityModel #PatientAccess
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#GenericDrugs #HealthcareSavings #AffordableMedicine #HealthUtilityModel #PatientAccess
Cambridge Judge Business School
Generic drugs can be reliably supplied at big savings
Discover how a new study reveals that generic drugs can save patients over 60% and payers 90%, prioritising reliable supply over profits.
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