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Pharmacy Benefit Managers; America's Green- Energy-Induced Energy Crisis; Amish Auctions

Dated: December 16, 2022 by Sharyl Attkisson 2 Comments

      

With the prices of many drugs seeming to only grow higher and out of reach, there is an unseen middleman that's playing an increasingly important role: Pharmacy Benefit Mangers or PBMs.

PBMs work in the background to negotiate deals with pharmaceutical and insurance companies. Ideally, they make drug prices lower for customers.

Full Measure's Sharyl Attkisson speaks with Rep. James Comer (R-Kentucky) about PBMs

But some claim PBMs are cornering the market, causing higher prices in some cases, and even getting in the way of drug delivery causing deadly delays.

Sunday on Full Measure, I'll delve into the controversy and we'll hear from both sides.

Also, we continue reporting on how the green energy transition is leading to an energy crisis. It's not just in Europe but also in the U.S.

Lisa Fletcher will explain how it could make for a cold hard winter with outrages and blackouts for some.

And we'll take a scenic trip to Amish country to see a tradition that comes into play big time for selling goods or fundraising for charities.

We never waste your time rehashing the same news you've heard all week. Find out how to watch on TV, online or on demand by clicking this link: How to Watch Full Measure

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About Sharyl Attkisson

Emmy-Award Winning Investigative Journalist, New York Times Best Selling Author, Host of Sinclair's Full Measure

Reader Interactions

Comments

  1. Dianne Zeigler says

    December 17, 2022 at 6:18 am

    Last year I paid approximately $2,800 in January, then about $300+ in February and March for my Copaxone medication. I get 1 box of shots for 3Xโ€™s a week for 1 month. Teva Pharm is the maker. If Iโ€™m lucky I can receive a grant from a non-profit organization that helps patients on Medicare with their co-pays. I start making calls in early December until the fund accepts patients. Last year I called every day for over a month. Where is this PBM for someone like me? Do the represent Medicare? Or just private insurance companies? Thank you Sheryl for adding light to this crazy process. I keep hearing from every administration that โ€œwe are lowering drug prices!โ€ Seriously! Iโ€™m not even sure if Copaxone is still $2,800 it may have increased this yr.

    Reply
  2. Kevin Patrick says

    December 20, 2022 at 5:04 pm

    Sharyl,
    You need to find out why PBMโ€™s created Group Purchasing Organizations(GPOโ€™s). Itโ€™s a convenient โ€œshell gameโ€ that PBMโ€™s used to keep from sharing the rebateโ€™s with patients(consumers).
    You may want to dig into the โ€œinflation reduction actโ€ effects on Medicare drug pricing, & rebates to PBMโ€™s. It is going to prevent patients from getting the best drug for their needs, strictly a generic option!
    PBMโ€™s/GPOโ€™s owned buy large pharmacy buying groups (CVS, ESI, Optim) have all created GPOโ€™s.

    Reply

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