They've been right (or at least more right) than democrats quite a bit over the last few years.I can't recall an instance of a Republican being right.
Where's the source on that?Let's look at some numbers. The top 3 PBMs in America (CVS Health; OptimumRX, owned by UnitedHealth; and Express Scripts owned by CIGNA) are all owned by parents that also have an insurer. Those 3 PBMs control 80% of the market.
Yet the insurers that are associated with those PBMs account for only ~23 - 24% of the market. What does that tell us...? It tells us that most of the insurance plans that use those PBMs... do not use the insurer that is under the same parent company.
OK, so now you do want to treat the insurer and PBM as separate entities. Because the PBM doesn't make its money from premiums. So the only way this is true is if you're acknowledging that they're separate entities with separate income streams.
You were wholly believing that CEO when he was squawking about the insurers and PBMs being solely responsible for high prices.
No, the insurer and PBM are under the same umbrella.
No, the CEO is right about the insane listing prices being the cause of the insurers/PBMs. I didn't disagree that the actual/real cost of ozempic is higher than it should be (at least in the US); once the insurers/PBMs do all their rebates and shit. And Novo's profit margin says that they make bank as well.