Dave Knapp
๐ค SpeakerAppearances Over Time
Podcast Appearances
I think the sad part is the PBMs have been squeezing out our local pharmacies for the last 20 years, roughly 17 years. They've been squeezing them out by way of not reimbursing them the appropriate rate. So for example, if you're going to fill your Manjaro at a local pharmacy, chances are they're losing $25 to $50 every time they fill that script.
I think the sad part is the PBMs have been squeezing out our local pharmacies for the last 20 years, roughly 17 years. They've been squeezing them out by way of not reimbursing them the appropriate rate. So for example, if you're going to fill your Manjaro at a local pharmacy, chances are they're losing $25 to $50 every time they fill that script.
Right. And not not to even make mention of the fact that so a pharmacy, a local pharmacy, a mom and pop corner shop. Who is serving their community in some cases have been serving the community for 75 years longer. they have to cut these deals with the PBMs because typically you go to any town in the USA, there's one large employer.
Right. And not not to even make mention of the fact that so a pharmacy, a local pharmacy, a mom and pop corner shop. Who is serving their community in some cases have been serving the community for 75 years longer. they have to cut these deals with the PBMs because typically you go to any town in the USA, there's one large employer.
Right. And not not to even make mention of the fact that so a pharmacy, a local pharmacy, a mom and pop corner shop. Who is serving their community in some cases have been serving the community for 75 years longer. they have to cut these deals with the PBMs because typically you go to any town in the USA, there's one large employer.
They're going to carry United Healthcare or Blue Cross, Blue Shield, Humana, whatever it may be. you have to take that PBM's insurance in order to be in business. But what they do in these, it's so evil what they do to these pharmacies, is what they do is, one of the things that most people don't know is that if you go to the pharmacy for, let's say, a generic medication,
They're going to carry United Healthcare or Blue Cross, Blue Shield, Humana, whatever it may be. you have to take that PBM's insurance in order to be in business. But what they do in these, it's so evil what they do to these pharmacies, is what they do is, one of the things that most people don't know is that if you go to the pharmacy for, let's say, a generic medication,
They're going to carry United Healthcare or Blue Cross, Blue Shield, Humana, whatever it may be. you have to take that PBM's insurance in order to be in business. But what they do in these, it's so evil what they do to these pharmacies, is what they do is, one of the things that most people don't know is that if you go to the pharmacy for, let's say, a generic medication,
they're going to default by contractually, they're contractually defaulted to run it through your insurance. And sometimes you're going to pay more with your insurance than you would to just pay the cash pay price. So one little word to the wise is always ask your pharmacy, what's my cash pay price versus running it through insurance? Because you might be like, well, I trust my pharmacy.
they're going to default by contractually, they're contractually defaulted to run it through your insurance. And sometimes you're going to pay more with your insurance than you would to just pay the cash pay price. So one little word to the wise is always ask your pharmacy, what's my cash pay price versus running it through insurance? Because you might be like, well, I trust my pharmacy.
they're going to default by contractually, they're contractually defaulted to run it through your insurance. And sometimes you're going to pay more with your insurance than you would to just pay the cash pay price. So one little word to the wise is always ask your pharmacy, what's my cash pay price versus running it through insurance? Because you might be like, well, I trust my pharmacy.
Why don't they just tell me it's cheaper? Because they're contractually obligated not to tell you that.
Why don't they just tell me it's cheaper? Because they're contractually obligated not to tell you that.
Why don't they just tell me it's cheaper? Because they're contractually obligated not to tell you that.
Yeah, it's legalized corruption.
Yeah, it's legalized corruption.
Yeah, it's legalized corruption.
I think if you just go to Google and just hit on the pen, you're going to find it or onthepen.com, you should find it. But man on the Manjaro was my handle. That's sort of, it was a play of man on the moon and my handle in most places is man on the Manjaro.
I think if you just go to Google and just hit on the pen, you're going to find it or onthepen.com, you should find it. But man on the Manjaro was my handle. That's sort of, it was a play of man on the moon and my handle in most places is man on the Manjaro.
I think if you just go to Google and just hit on the pen, you're going to find it or onthepen.com, you should find it. But man on the Manjaro was my handle. That's sort of, it was a play of man on the moon and my handle in most places is man on the Manjaro.