THE FIX
How have PBMs gotten away with rigging prices, eliminating patient choice, ripping off taxpayers and destroying neighborhood pharmacies?
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In a highly regulated healthcare system, PBMS - which do not directly provide any healthcare services - are the only unregulated entity. That means no oversight, no accountability.
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So what's the fix?
TRANSPARENCY
Introducing new regulations to protect patients, taxpayers and pharmacists is critical to fixing New York's broken prescription drug system. Bringing about this kind of change begins by exposing the problem once and for all.
This is why New York should follow the lead of other states that have already taken steps to rein in PBMs, and conduct an audit to account for every dollar they paid to these prescription drug middlemen. Sunlight is the best disinfectant, and New Yorkers deserve to know how many of their tax dollars have gone to line the pockets of the PBMs.
REFORM
Thanks to your support for FixRx's efforts, in April 2019 New York became one of the first states to eliminate spread pricing in Medicaid Managed care. This takes away a powerful tool that PBMs have used to rip off taxpayers, patients and neighborhood pharmacies. But the fight isn't over. Now, it's time to cut out the middlemen entirely.
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How? Stay informed. Come back to this website often and follow our social media.
OUR MISSION STATEMENT
Our mission is to fix New York's broken prescription drug system, to help lower patient's prescription costs and fight for fair reimbursements for pharmacies.