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The producers don’t have market access and the middlemen have inverted normal market powers. If a producer lowers price, that means the PBMs percentage cut goes
by nabdab 7y ago
The producers don’t have market access and the middlemen have inverted normal market powers. If a producer lowers price, that means the PBMs percentage cut goes down. So they cut away market access. So the lower the price the less you sell. The higher the price the more you sell...
The people in the middle of this getting shafted are uninsured who are forced to pay imaginary list prices and don’t get any rebates. Now the producers are trying to just sell generics at the post-rebate level, but the media field by lobbyist are calling them out like it’s a bad thing. Because it threatens the con game of the PBM/Insurance/Pharmacy cabal (yes they often end up all owned by the same corporation), while they are pointing fingers at the producers who just want market access and fair competition.