Cigna's Express Scripts set to shift away from PBM rebates https://share.google/8ogUab3CaPoKA38XB
5 replies (most recent on top)
@b8 correct. this is a simple rebrand of the PBM to avoid the impending legislation. They will find a way to extort the American people for even more money year after year through some other method :)
Not on the pbm side so genuine question - is this significantly different than Truecost/costvantage?
I’d want to observe and watch. You mean to say Cigna will say goodbye to $xx billion revenue and profit that easily
It basically means move the money somewhere else obscure in the dr-g delivery middleman pipeline and Caremark will do something similar.
@ad+1k8qr6p40 PBMs are middle men but the Cigna model isn't actually "moving away" from rebates or yielding a cheaper script for plan members. They're still skimming a portion of rebates and charging fees, it's just a different flavor of middle man scam.
Cost plus dr-gs are cheaper than dr-gs bought with insurance or under PBM “negotiation”.
PBM’s are middlemen and the world is starting to see that