Thursday, July 16, 2020

Rx for Shanda

Shanda being Yiddish for scandal. And boy, this one appears to be a doozy:

At the linked story we learn that the vendor (allegedly) overcharged The Buckeye State's Highway Patrol Retirement System. Looks like they're going to be getting quite the ticket.

Express Scripts is a Pharmacy Benefits Manager (PBM); we've written about these before:

"PBM's are (allegedly) a cost-efficient way for carriers to offload the administrative functions of filling prescriptions."

But wait, there's more:

"While the concept seems innocuous enough, it's apparently become a major source of tension in the health care community, and is frequently cited as a major driver of increasing health care costs."

blog comments powered by Disqus