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re: What is this doom text I just received from CVS pharmacy about PBM's?

Posted on 6/12/25 at 8:13 pm to
Posted by Wiseguy
Member since Mar 2020
4038 posts
Posted on 6/12/25 at 8:13 pm to
I guess I will have to research it for myself because WAFB reports that it passed and is headed for Landr’s signature. The Advocate says the Senste killed it, and WBRZ says it just died because the Senate didn’t take it up today before adjourning.

How can it be so hard to report the correct information?

ETA: apparently the WAFB report was in reference to a different bill which created lots of oversight for PBM operations and mandated that cost savings be passed on to consumers. The pharmacy divestiture was an amendment to a different bill which was actually about pharmacy techs being allowed to work remotely. Make it make sense.
This post was edited on 6/12/25 at 8:21 pm
Posted by EastWestConnection
Denver/Shenzhen/Belfast
Member since Jul 2024
253 posts
Posted on 6/12/25 at 9:42 pm to
quote:

My health insurance company only covers my medications if I go through CVS. So there's one idea you can have for why people might use CVS.



thats a good point, I wasnt trying to insult you though
Posted by lsuconnman
Baton rouge
Member since Feb 2007
3706 posts
Posted on 6/13/25 at 7:53 am to
quote:

They’re just butt hurt their monopoly is over. Will have to spin off the pharmacies from Caremark insurance which they own and use to reimburse under the cost of the drug at every other pharmacy while paying themselves higher rates for the same drugs.


This defies reality. Aetna’s tiny compared to the other healthcare providers. If local pharmacies are being strangled, UNH and Humana’s PBMs play an oversized role in the problem. Removing Caremark from CVS’s vertical doesn’t help.

If this bill passed UNH would just be one step closer to becoming Highlander.
Posted by kennypowers
AR
Member since Mar 2009
592 posts
Posted on 6/13/25 at 8:37 am to
Posted by auwaterfowler
Alabama
Member since Jan 2020
2702 posts
Posted on 6/13/25 at 9:17 am to
quote:

CVS is the most overpriced pharmacy I’ve ever seen.


They also sponsor the vast majority of the H-1B foreign pharmacists that are working in this country, and let me tell you, those guys (never girls) don’t give a frick if you are mad at them for being slow or being unable to communicate clearly in English. I’m sure that even on the worst day for them at CVS, it’s a paradise compared to being back in India, or wherever.
This post was edited on 6/13/25 at 9:18 am
Posted by LRB1967
Tennessee
Member since Dec 2020
21422 posts
Posted on 6/13/25 at 9:40 am to
No sympathy for CVS. I used to use them because my insurance required it. I got sick of the constant robocalls and switched insurance so I could use an independent pharmacy. I now get much better service.
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