🚨 To Elon Musk and the DOGE team looking at Medicare:
Pharmacist says
- Cancer Medicine Imatinib costs them 10, so you’re out the door for $17
- When Medicare pays for this drug, IT COSTS THEM $2,400
- This drug was filled 250,000 times in 1 year costing Medicare $600 million
“If every one of those scripts was filled at our pharmacy instead of through Medicare, it would’ve cost 596 million cheaper than the insurance. That’s crazy.”
“So why are they paying this much for that medication? Well, insurance companies pay a middleman, the pharmacy benefits manager, and that person decides how much that medication’s gonna cost”
- 3 Pharmacy Benefits Managers control over 90% of all prescription pricing in America
- Pharmaceutical companies bought all 3 Pharmacy Benefits Managers
They set their own pricing, Medicare pays ASTRONOMICAL prices and taxpayers pick up the bill. This is a racket.