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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 dyslexiateechur
Posted on 6/12/25 at 8:13 pm to dyslexiateechur
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.
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
1
Posted on 6/12/25 at 9:42 pm to deeprig9
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 on 6/13/25 at 7:53 am to Ba Ba Boooey
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 on 6/13/25 at 8:37 am to Shexter
Posted on 6/13/25 at 9:17 am to tigergirl10
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 on 6/13/25 at 9:40 am to Shexter
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.
Posted on 6/15/25 at 3:59 pm to Craft
quote:
They most likely give you a “discount”, you’re still covered elsewhere. And you’d be shocked at some of the special pricing deals you can get at a smaller locally owned pharmacy that will still beat that cvs price.
Not for permanent meds like blood pressure or statins. If it were a one-time deal like antibiotics for an infection, I can get it filled anywhere I choose. But anything that's 30 days + it has to be CVS or mail-order if there's no CVS around you, or they don't cover it. The choice is clear.
Posted on 6/24/25 at 7:59 pm to deeprig9
can anyone here tell me how it will impact consumers??
Posted on 6/24/25 at 8:13 pm to Wiseguy
HB 264 was signed into law today... ensures more transparency from PBMs, which will kill off some of the terrible practices that they currently do, such as DIR fees, clawbacks, etc.....
hell, it wasn't until the last legislative session, and enacted Jan of THIS YEAR, that made it illegal to reimburse UNDER cost for the drugs we dispense, meaning that they didn't even have to pay us what we actually paid for the drugs in the first place... that was one of the techniques that companies like Caremark use to strangle independent pharmacies slowly, and then they'd try to swoop in and buy you out when they knew that financially you were down....
so today's bill being signed into law, which Mrs. chRxis had a big part in helping draft, is a big win for local independent pharmacies... and while we didn't win the fight with CVS about the other bill (the one this thread is originally about), there's still hope, and we are still working with state legislators in crafting a bill that we can get through to the Senate too
hell, it wasn't until the last legislative session, and enacted Jan of THIS YEAR, that made it illegal to reimburse UNDER cost for the drugs we dispense, meaning that they didn't even have to pay us what we actually paid for the drugs in the first place... that was one of the techniques that companies like Caremark use to strangle independent pharmacies slowly, and then they'd try to swoop in and buy you out when they knew that financially you were down....
so today's bill being signed into law, which Mrs. chRxis had a big part in helping draft, is a big win for local independent pharmacies... and while we didn't win the fight with CVS about the other bill (the one this thread is originally about), there's still hope, and we are still working with state legislators in crafting a bill that we can get through to the Senate too
Posted on 6/24/25 at 9:07 pm to chRxis
I hope both get passed- I hate carriers taking away patient’s freedom of choice
Posted on 6/24/25 at 9:12 pm to Butch Baum
quote:
I hope both get passed-
well for the time being, the bill that the OP was talking about, passed 88-4 in the House of Reps, but died in the Senate...
Landry is foaming at the mouth to pass this legislation too... but the last minute blitz seemed to work for CVS, for the time being...
however, they are now party to 3 different lawsuits being brought by state AG Liz Murrill, as a result of that blitz, so they got that going for them
This post was edited on 6/24/25 at 9:13 pm
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