Gotta be a play for the Trump plan to take over the PBM industry:
Use his office to squeeze pharma companies with threat of tariffs to get prices down
PBM reform that breaks up health insurers from owning PBMs
Launch his own new private wholesale channel for dr-g distribution that hoovers up all the business
Fun to see what happens with OptumRx! Will we be smart enough to sell off before this all goes down?
You are reading more into it then it deserves. Just like everything it's optics. His "plan" is nothing more then a watered down "discount" program that only works for the small percent of people that have absolutely no insurance AND can afford to buy medications. Absolutely no impact on anything. Zero. Just grifting like every other garbage move.
@ak is $150million a lot of money? maybe to you. To someone with 5 billion it is 3%. basically worse than putting the money in a savings account. You are a useful id--t for the dems.
@a3 drinking the orange kool-aid a little too much
I remember the last few years the company bragging about how much money they were making in RX. Just saying!
@a3+ Trump losing money???? Trump has made over 150 milion so far this term for himself. Stop drinking the kool-aid and look at the TRUTH
@a7 Really funny is that we 4X'd our investment in lobbying and have a huge SLT/ELT budget drafted from the Hill that know nothing about our business... and think Trump is like Bush or even Reagan and they can wheel and deal. Rude awakening!
It’s funny how many people at UHG were donning the red hat too. Like Mikey Lindell or America’s Mayor, he uses and discards the money and ‘experts’ and keeps chugging.
This place is ABSOLUTELY on the radar for break up or state ownership like US Steel.
Most hated industry in US? Check.
Biggest target in that industry? Check.
Populist who needs general public vibes to keep mandated? Check.
@a3 Whatever Trump does to upset the status quo in healthcare is good because ANY change is good. PBMs should not exist. Period.
He's not fixing it, but sometimes you have to re-break a bone to set it. There is ZERO need for PBMs. Only two tracks needed with transparent government regulation on prices. What "payment card" the end consumer uses at the Retailer and where the funds come from DO NOT need to be part of the distribution.
Manufacturer>Buyer's Co'ops/Wholesaler/TrumpRx>Independent Retailer
Manufacturer>Huge Retailers (CVS, Walgreens, Walmart, Kroger, Safeway, etc)