With the new EO from the President targeting medication pricing in this country, will this impact our enormous profits? Will SLT have to reduce their salary by 50 to 96%!
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No one is going out of business. It’s just that no one cares at ELV anymore. Anyone SVP and below has quit on the company.
1jv2wrtp5 That would be such a change but we need it
National healthcare is the future. We have no option as a country.
We are going out of business eventually.
The powers that be could say We realized that utilizing a PBM has not been beneficial for our members and have decided to embrace more choice in pharmaceutical services.. announcement the day before PBM are ruled illegal haha
We are not a PBM. We do not own one. We rent it.
If Medicare for All gets implemented, the whole industry will collapse.
Oh god, I hope so.
More likely we sell off pieces than go out of business. We insure a he-l of a lot of people.
Enron, Big Lots, Bowflex, Express, Joann, LL Flooring, Party City, and Red Lobster went out of business. If Red Lobster can go out of business so can this company.
The company has lost credibility. The lawsuits will linger. SEC may take a closer look. I think there is a good chance that this company will fall.
Nothing is going to happen. An EO isn't a law, and there is so much money in insurance, pharma, and healthcare lobbying that lawmakers will just shrug. The president gets to look like he cares about dr-g prices (he doesn't), then nothing changes.
We are a PBM ( Carelon RX ). PBMs will be hit the hardest in this EO.
We’re not a pharmaceutical company.
I thought we were setting ourselves up to be sold- but now who would want us??
Lobbyists and industry leaders will figure out a way to continue to sc--w over the American people. No one is going to go out if business. Just maybe business will have to have realistic growth targets instead of the stupid ones they have now. Nothing happens until happens.
EO are not laws - Congress needs to enact a permanent law - this company can afford lower dr-g prices = they are making billions. As is every commercial insurance for profit company.
YES