The Federal Trade Commission is meeting today on how pharmacy benefit managers (PBMs) affect drug prices and independent pharmacies. In a video comment letter, I am asking the commissioners to investigate PBMs’ mergers with big health insurers and look into if and how those mergers are contributing to constantly increasing deductibles and premiums. As these huge companies focus on profits, millions of Americans are accumulating thousands of dollars in medical debt. Many can’t afford to pick up their prescriptions because of outrageously high out-of-pocket requirements. Watch the video and read the transcription below.
Thank you Wendell for that interesting video, So my question is this, how do we Americans fight big corporations and take way there greed? And get health care back too affordable rates! Second what can the American people do too put pressure too them too reconsider there outrageous pricing on the American people? Thanks Mick
Thanks again Wendell. As I was reading this, it struck me as wondering if any FTC members have a conflict of interest on this subject? Might some members have substantial holdings in the players mentioned here? Same with lawmakers? Perhaps that’s why not much success has been made in these areas. I say that tongue-in-cheek. Abhorrent isn’t it?
Thank you Wendell for that interesting video, So my question is this, how do we Americans fight big corporations and take way there greed? And get health care back too affordable rates! Second what can the American people do too put pressure too them too reconsider there outrageous pricing on the American people? Thanks Mick
Thanks again Wendell. As I was reading this, it struck me as wondering if any FTC members have a conflict of interest on this subject? Might some members have substantial holdings in the players mentioned here? Same with lawmakers? Perhaps that’s why not much success has been made in these areas. I say that tongue-in-cheek. Abhorrent isn’t it?