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Just when you think CVS couldn't go lower. It appears that CVS may have engaged in practices that are very concerning. According to a legislator, CVS allegedly utilized patient data to create the false impression that patients were contacting legislators regarding legislation aimed at preventing insurance company PBMs from...

32,274 просмотров • 1 год назад •via X (Twitter)

Комментарии: 9

Фото профиля Mark Cuker
Mark Cuker1 год назад

@SteveMooreRx How is this not a crime?

Фото профиля The Liberation Project
The Liberation Project1 год назад

𝐀 𝐇𝐞𝐚𝐥𝐭𝐡 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐂𝐄𝐎 𝐢𝐬 𝐍𝐨𝐭 𝐓𝐡𝐞 ‘𝑾𝒐𝒓𝒌𝒊𝒏𝒈 𝑪𝒍𝒂𝒔𝒔 𝑯𝒆𝒓𝒐’ Americans of all political affiliation suddenly woke up realize they agree that their healthcare system is inherently cruel and produces unnecessary misery. ★ NEW ARTICLE ⬇️

Фото профиля Pharmer Trent
Pharmer Trent1 год назад

This should be national headlines. It’s akin to ballot stuffing.

Фото профиля GrumpyPharmacist
GrumpyPharmacist1 год назад

HOLY CRAP @davidjoyner @KarenLynch @CVSHealth You guys reach new lows everyday. Thanks for crashing your MAC prices this week too. BTW, it won't work. Thanks as always Loretta!

Фото профиля GrumpyPharmacist
GrumpyPharmacist1 год назад

@LIPAPharmacy

Фото профиля REDBEARD1969
REDBEARD19691 год назад

@RussLatino

Фото профиля Pharmer
Pharmer1 год назад

Great post Loretta

Фото профиля Penny Pajak
Penny Pajak1 год назад

someone had to program verification of benefits letters to do this. could be big trouble

Фото профиля squirrelnugget69
squirrelnugget691 год назад

@realdocspeaks @DGlaucomflecken @DutchRojas

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BIG ‼️ CVS pharmacy could be closing all pharmacies in Tennessee Tennessee lawmakers are finally cracking down on Pharmacy Benefits Managers owning pharmacies and skyrocketing prices CVS would rather close all locations than stop robbing Americans “Tennessee is running CVS out of the state. Look at this letter from CVS. ‘A proposed law threatens to close all CVS pharmacies in the state of Tennessee.’ That's an aggressive sounding law. How are legislators justifying targeted business closures like CVS is suggesting here? Well, of course that's not the case. The law that CVS says will close all CVS pharmacies is SB 2040. The bill prohibits PBMs in the state from owning, operating or controlling pharmacies, and it aims to prohibit evasion of the law through corporate structuring, intermediary ownership management contracts, other stuff like that. So the bill is not closing pharmacies. It's stopping CVS Express Scripts and Optum the big PBMs from owning pharmacies. But to CVS, that means that they will close all their pharmacies. That means if CVS was forced to choose between their 132 brick and mortar pharmacies that they have on the corner of every major intersection, those corner store staples of Americana, they would rather shut all those down and board them up than give up their PBM. This is the same thing they said in as well, they would abandon the pharmacy business to retain the pharmacy middleman business. That should be a big waving red flag to anyone who's still uncertain about where the power lies and where the money goes. CVS isn't making their money when you go to the store. They're making their money. When your boss signs up with Aetna, then they have 10,000 levers they could pull to maximize their profit. Tennessee is taking a bold step that isn't even really that far down the road. It's only in committee, but that's enough to get CVS to start campaigning”

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77,325 просмотров • 6 месяцев назад

Is Tennessee Really Forcing CVS Out? 🏥 There’s a lot of buzz about Tennessee “forcing” CVS to shut its doors. CVS even sent out a letter to customers claiming a new proposed law would shut down all its pharmacy locations in the state. 📨 But what’s the real story? Let’s dive into what's happening and why things might not be as they seem. 🕵️‍♂️ The Law: SB 2040 📜 The law in question is SB 2040. While CVS claims it will shut down their stores, the bill’s actual goal is to regulate Pharmacy Benefit Managers (PBMs). 💊 What’s a PBM? 🏢 Think of a PBM as a middleman between insurance companies and pharmacies. They handle everything from negotiating drug prices to managing pharmacy networks. Why Is CVS Worried? 😟 The bill prohibits PBMs from owning, operating, or controlling pharmacies. 🛡️ CVS is one of the biggest PBMs in the country (through CVS Caremark). Under this law, they would have to choose: Keep their PBM business or their brick-and-mortar stores. 🏬 The Profit Puzzle 🧩 CVS makes a significant portion of its profit through its PBM and insurance (Aetna) arms. For them, it might be more profitable to shut down their physical stores than to give up their PBM business. 💰 This same threat was made in Arkansas, showing a pattern of prioritizing the middleman business over local pharmacies. 🚩 What’s Next? ⏳ SB 2040 is currently in the Senate Health and Welfare Committee. It’s still early days, but the pushback from major corporations like CVS shows just how much is at stake. 🏛️ Is this a bold step for pharmacy transparency, or a threat to patient access? Let us know what you think! 👇

Forest Park Pharmacy

15,927 просмотров • 6 месяцев назад

Tennessee just did what Congress can't. They passed a law to break up the health insurance giants. Specifically, they made it illegal for pharmacy benefit managers — the companies in charge of pharmacy insurance — and pharmacies to be owned by the same company. That makes perfect sense. For example: CVS Caremark is the PBM, and CVS is the pharmacy. So if you have Aetna insurance, you have CVS Caremark as your PBM, and they're going to do everything they can to make sure you use CVS as your pharmacy. Aetna, Caremark, CVS — all the same company. That causes all kinds of incredibly obvious problems that this law hopes to fix. If your insurance company is in charge of approving your medication, deciding how much to pay for it, AND deciding who gets that money — while also being the pharmacy that gets paid at the end — guess what happens to prices? They go up. Governor Lee signed the law last week. CVS immediately filed a federal lawsuit because they said it will force them to close all 136 stores they have in Tennessee. Let that sink in. I'm not sure most people realize what that says about CVS and health insurance in general. They had to choose between owning the middleman (the PBM) or the healthcare provider (the pharmacy). Without hesitation, they chose the middleman. The biggest pharmacy chain in the country — with a store on every corner — would drop all 136 of their Tennessee locations in a second if it means keeping their middleman business. It is more profitable for them to be a health insurance middleman getting between you and your healthcare than it is to actually provide the healthcare. That is the problem with healthcare in America. We have made the middleman so powerful that they've taken complete control of the entire system. Three PBMs — Caremark, Express Scripts, and OptumRx — handle around 80% of all prescriptions in this country. How on earth can we expect healthcare to work well and remain affordable if that's where the money is? We all auto-pay our insurance straight out of our paycheck before we even see the money. And not surprisingly, they're keeping a ton of it. That's why we fired them. And they can't file a lawsuit to stop us. That lets us offer fair, transparent prices. No PBMs. No insurance games. No hidden markups. You see the cost, you pay the cost.

Forest Park Pharmacy

33,253 просмотров • 3 месяцев назад

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