“We control the horizontal. We control the vertical... We will control all that you see and hear.”
The Outer Limits
There’s a point where power has gone too far.
I’ve seen enough to know where this is going.
Like an evil empire, the conquering force at first portrays benevolence. “We are here to help.”
Make the desperate depend upon them, saving pennies on the surface and stealing millions underneath.
For 15 years, Pharmacy Benefit Management companies have quietly turned hidden contracts and back room deals into multi-billion dollar empires.
In 2015, there were 7 lawsuits against PBMs involving fraud, deception, or antitrust claims.
In 2013, Centers for Medicare and Medicaid found that prices at mail order pharmacies were 83% higher than community pharmacies.
In 2017, PBMs cause inflation in cost of diabetes meds.
In 2019, HHS attempts to remove PBM safe harbor protection.
It goes on and on.
Now PBMs are using this national crisis of Covid-19 to gain more power. CVS/Caremark decides what drugs you can have. Not your doctor. They decide how many pills you should get. Not your doctor.
Americans, welcome to The Outer Limits