
Humira lost its patent in 2023. Nine biosimilars exist. Two years later it still holds 72% of the market at $7,000/month because PBMs profit from keeping prices high. Patients pay the spread. #DrugPricing #PBMReform bit.ly/4tU00mA
Brian Gamble
922 posts

@BSGPharmD
Pharmacist, sports fan, husband

Humira lost its patent in 2023. Nine biosimilars exist. Two years later it still holds 72% of the market at $7,000/month because PBMs profit from keeping prices high. Patients pay the spread. #DrugPricing #PBMReform bit.ly/4tU00mA








Sens. Elizabeth Warren and Josh Hawley are teaming up on legislation aimed at addressing a couple of the biggest political issues heading into the midterm elections: health care and affordability. cbsn.ws/4r8r5Bo

Want to know why Costplusdrugs.com doesn't have more brands? With a few exceptions (already has a generic, not on formularies, soon to have a generic), CPD , and every pass through smaller PBM , can't buy branded meds that have a rebate, at a competitive price. No one is asking for rebates equal to the big 3 PBMs. We can't even get a " walk in off the street price." We actually had one brand say in a meeting they would give us a "walk in off the street price", then all the sudden they couldn't I asked the CEO of a best selling branded med how many lives we would need to have covered before they would sell to the GPO we created, or to us in any manner, he said "half". They couldn't sell to us until we covered half the lives the big 3 cover. He would lose placement on formulary tiers merely for offering us rebates. He couldn't afford to do business with us This is not an efficient market. The big PBMs have threatened brands with loss of formulary positioning for their entire portfolios This is why brand pricing continues to be high for employers @PamBondi @AFergusonFTC





OptumRx President on why high-cost brands are preferred on its formularies over more affordable generic alternatives: 1/3





Hey America: Veteran pays pharmacy $0.90 and $0.52 for two blood pressure medications. This is the total, the total paid to pharmacy. For medication, dispensing, counseling. Record keeping. Everything! Simultaneously, the pharmacy benefits manager, who pays nothing, bills and is paid $34 ($17 each prescription) from the @SecWar Does this seem fair?






Yoohoo, @GovernorShapiro remember how you crowed about the PBM law Pa passed? Turns out it's NOT WORKING. Hundreds more independent pharmacies have closed. A loss of access for Pa patients, especially rural ones. 1/4 🧵 timesleader.com/news/1725900/p…


It’s gotten so bad that pharmacies are creating GoFundMe to stay open. When will anything be done ? boston25news.com/news/local/bos… @MaSenateDems @WhipKClark @SenWarren @SenMarkey @MassHealth