CVS & Express Scripts record earnings while their independent pharmacies closing. Those closing pharmacies accept Caremark & express scripts! We have to explain ‘pbm effect’. It’s to contract pharmacies &underpay & undervalue & to bill clients 10-30 x what pbm pays pharmacies
@elonmusk missing my model X rear ended February 11 total loss put a new order in for another model X waiting on delivery very excited driving a truck gas no fun
Just borrowed another $50,000 to cover the drug bill due on 3/10.
Consistently $35,000-45,000 short covering drug bill on 10th and 25th.
Store payroll every two weeks is $17,000 plus $5,000 in taxes, Medicare.
So even if I had $0 payroll. I’d still be short.
Check the Facts — TDCI’s audit found OptumRx committed major PBM violations, with 18 findings and 5 observations including unfair reimbursements, improper appeals, and deficient audit processes—hurting pharmacies and patients. Full report: https://t.co/5pjK5WdNY7 #PBMReform
@elonmusk@Tesla
I’m in Lithia, Florida. I want to order the very last US-built Model X—black-on-black, six-seater, 22-inch wheels—before Fremont production ends in Q2.Factory delivery in Fremont, a quick tour of the line during my build, and watching my VIN come together?
Good morning Mr. musk I would like to be able to order the very last model X in production in the United States but I also like to be there as is being manufactured. I want a 622 inch wheels. I want a black on black and I want to trade into what I own right now to 2024
💊 The Hidden Cost of "Savings": Is Price Gouging Subsidizing Insurance Giants?
Ever wondered why a generic medication that costs $55 can be priced at $6,600? 🤨
In a recent Congressional hearing, CVS CEO David Joyner defended this practice as "cross-subsidized pricing."
🔍 Here's the Breakdown:
The Logic: Joyner argues that charging higher prices for low-cost generics helps subsidize the cost of expensive brand-name medications.
The Reality: Pharmacy Benefit Managers (PBMs) use their power to negotiate rebates on brand-name drugs, which can actually increase their overall cost.
The Shell Game: These rebates may be held by shell companies before being "passed on" to clients (like your employer), potentially hiding billions in profits.
📉 Is it Really "Savings"?
When you're charged over $6,500 more than the actual cost of a drug, it's hard to see the "savings." This highlights a significant lack of transparency in the pharmaceutical supply chain.
💡 Take Action:
Compare Prices: Don't just settle for the price at your local pharmacy. Check out Forest Park Pharmacy to see the real cost of your prescriptions.
Stay Informed: Understand how PBMs and "cross-subsidized pricing" impact your healthcare costs.
What do you think? Is this "cross-subsidized pricing" a necessary part of the system or just a way to hide profits? Let's discuss! 👇