Senators Warren, Hawley introduce bipartisan bill that would force insurers, pharmacies to sell off PBMs

[EckoRomeo]

Could you blame them, though? Who wouldn't want more business? Plus, Obamacare was sold as the next coming of Christ, based upon all the lies from the Democrat-controlled government at that time.

"If you like your doctor, you can keep your doctor." LIE. "Everyone will have low cost insurance." LIE. And then you have drunk Nancy with the classic Idiocracy line that summed up all of Obamacare....."We have to pass the bill to see what's in it."

Now you've got people clamoring for more "help" from the people that destroyed insurance. Classic "problem, reaction, solution." Create the problem, generate outrage/opposition, and finally present your "solution." A classic scam.

I think the whole "well the insurance companies supported Obamacare" is disingenuous. When it comes to politics "you're either at the table or you're on it". Democrats had the presidency and filibuster proof majorities in both chambers of congress. Something was going to be passed. Opposition was futile.

That would be like an auto manufacturer not transitioning to EV's right now. They'd be driven out of business eventually because the regulatory system is against their business model.

 

[InsuranceGuy29]

I think the whole "well the insurance companies supported Obamacare" is disingenuous. When it comes to politics "you're either at the table or you're on it". Democrats had the presidency and filibuster proof majorities in both chambers of congress. Something was going to be passed. Opposition was futile.

That would be like an auto manufacturer not transitioning to EV's right now. They'd be driven out of business eventually because the regulatory system is against their business model.

Agreed. They had the Presidency, The House, The Senate, and I remember the general public basically anointed Obama as a Messiah back then.

He could "do no wrong," so most people supported it with a mandate. There was no opposing that. It was gonna happen one way or another. Plus, the Democrat government promised the insurers the world, knowing the whole time it was a set-up.

They're communists, but no one knew that back then. Communists don't want insurance companies. Those are competition to their power structure.

And again, I know some fixes are needed, and insurance is not perfect, but the ones that have caused most of the problems in the health insurance realm is the government.

 

[Medicare bro]

Hell has not frozen over, and death and taxes still exist, but Sen. Elizabeth Warren, D-Mass., and Sen. Josh Hawley, R-Mo., have joined to introduce a pharmacy benefit manager control legislation, the Patients Before Monopolies Act bill.

The bill also has bipartisan support in the House, with Reps. Diana Harshbarger, R-Tenn., and Jake Auchincloss, D-Mass., introducing the legislation in that chamber.

The bill would prohibit any person from owning a pharmacy and an insurance company at the same time or from owning a pharmacy benefit manager and a pharmacy at the same time.

The top targets of the bill are Cigna's Express Scripts business, CVS Health's Caremark and and UnitedHealth's OptumRx.

https://www.benefitspro.com/2024/12/12/senators-warren-hawley-introduce-bipartisan-bill-that-would-force-insurers-pharmacies-to-sell-off-pbms-/?kw=Senators Warren, Hawley introduce bipartisan bill that would force insurers, pharmacies to sell off PBMs&utm_source=email&utm_medium=enl&utm_campaign=newsroomupdate&utm_content=20241212&utm_term=bpro&oly_enc_id=5356C1983923B7Y&user_id=b54fdd4f7ea8557a46e5fb5dbdc728b23d759e55fc18460862605a7487083e0a

Why would any Republican vote for this? Aren't they pro business?

 

[Medicare bro]

Josh Hawley must be getting some of that Wal-Mart and Walgreens money. To be honest I can see why Hawley would introduce this as many pharmacies are being shut down because of Insurers owning there own pharmacies. Especially in low income areas where pharmacies are really needed. I don't know what to think about this. I guess I'll just be a Crypto day trader and wait for XRP to finally hit the big time.

 

[InsuranceGuy29]

Josh Hawley must be getting some of that Wal-Mart and Walgreens money. To be honest I can see why Hawley would introduce this as many pharmacies are being shut down because of Insurers owning there own pharmacies. Especially in low income areas where pharmacies are really needed. I don't know what to think about this. I guess I'll just be a Crypto day trader and wait for XRP to finally hit the big time.

Also found this very interesting.....

Big Pharma Windfall

Big Pharma is pushing Big Government mandates in Washington that would hand pharmaceutical companies a massive profit windfall while increasing health care costs for American seniors and taxpayers. This Big Pharma scheme, called “delinking,” would remove market-based incentives for pharmacy...

conservativesforlowercarecosts.com

Kinda funny how politicians are suddenly attacking PBM's, right after the shooting of the United CEO. I don't have all the pieces put together by any means, but it's all EXTREMELY strange and rather convenient. It just came out today that the kid didn't even have United as his insurance.

We all know Big Pharma is gonna stand to lose out major league with this new incoming administration. Big Pharma and insurance have competing interests, as insurers are trying to keep costs affordable, and Big Pharma wants top dollar from them and us regular people.

I almost think they orchestrated the hit to demonize insurance and take the pressure completely off themselves for their outrageous prices and business practices. From what I understand, Pelosi is also tied into it with insider trading. Now she's suddenly "fallen ill." How convenient.

That shooting served so many agendas of the far left Democrats, it's hard to even describe it.