Axios

@axios ↗

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Last Checked May 2, 2022

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Mon Dec 06 13:43:19 +0000 2021

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Axios @axios

2/ How it works: Employers hire pharmacy benefit managers to handle drug coverage in workers' insurance plans. ⬇️ PBMs negotiate prices w/ drug makers. ⬇️ Consulting firms like Aon work w/ PBMs to organize drug pricing coalitions that, in theory, maximize negotiating power. https://t.co/64ehalXiKB — PolitiTweet.org

Posted Dec. 6, 2021 Hibernated

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Axios @axios

🧵 1/ Documents provided to Axios reveal a new layer of secrecy within the maze of U.S. drug pricing: The very firms promising to help employers rein in rising costs are blocking them from figuring out whether they're actually getting a good deal. https://t.co/oUZUa7ri0P https://t.co/tihWtlFRFt — PolitiTweet.org

Posted Dec. 6, 2021 Hibernated

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Axios @axios

3/ Aon runs one of the largest drug pricing coalitions: • It works exclusively w/ 3 PBMs that control nearly 80% of the market. • Employers paid between $20k-300k in 2020 to be part of it, per documents provided to Axios. But employers are unable to see the data on prices. https://t.co/zZYDIPch5E — PolitiTweet.org

Posted Dec. 6, 2021 Hibernated