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15min chapter
#422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs
Lex Fridman Podcast
Unpacking Pharmacy Benefit Managers
This chapter examines the role and impact of pharmacy benefit managers (PBMs) like CVS Caremark and Cigna's Express Scripts, emphasizing their profit-driven practices that obscure drug pricing. It critiques the lack of transparency within the pharmaceutical market and explores how some companies are seeking alternatives to achieve fair pricing. The narrative advocates for increased healthcare expertise among companies and outlines a vision for more equitable, open business practices in response to prevailing inefficiencies in the industry.
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