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What’s Wrong with American Healthcare, and How to Fix It | Dr. Marty Makary
Hold These Truths with Dan Crenshaw
The Cost of Drugs
The differences with PBMs is the pharma companies will say, hey, we want in your list of drugs that you offer, something called a formulary. And our drug costs $50, but I'll tell you what, we'll make it $150 and we're going to give you a hundred of it. That's a rebate. The middlemen might give 10% of that rebate onto the employer and say, oh, look, we're getting you free money because we bulk it. Well, you've got 90%. It's a giant scam and it's this is the stuff that employers can have.
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