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."
Oh.
Express Scripts "egregiously charged for services it didn't deliver," that has cost Ohioans millions. " We want our money back," says @OhioAG Dave Yost. https://t.co/AYFF0UnCQn via @healthcaredive— AssocAmerPhys&Surg (@AAPSonline) July 15, 2020
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."
Oh.
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