{"id":1023,"date":"2021-02-09T16:51:14","date_gmt":"2021-02-09T16:51:14","guid":{"rendered":"https:\/\/ccbdins.com\/?p=1023"},"modified":"2021-02-09T16:51:16","modified_gmt":"2021-02-09T16:51:16","slug":"drug-prices-go-up-during-the-pandemic-and-are-the-single-largest-threat-to-our-healthcare-system","status":"publish","type":"post","link":"https:\/\/ccbdins.com\/drug-prices-go-up-during-the-pandemic-and-are-the-single-largest-threat-to-our-healthcare-system\/","title":{"rendered":"Drug prices go up during the pandemic and are the single largest threat to our healthcare system"},"content":{"rendered":"<div  class=\"tatsu-gnhrkeo6rb7huria tatsu-section  tatsu-bg-overlay   tatsu-clearfix\" data-title=\"\"  data-headerscheme=\"background--dark\"><div class='tatsu-section-pad clearfix' data-padding='{\"d\":\"15px 0px 15px 0px\"}' data-padding-top='15px'><div class=\"tatsu-row-wrap  tatsu-wrap tatsu-row-one-col tatsu-row-has-one-cols tatsu-medium-gutter tatsu-reg-cols  tatsu-clearfix tatsu-gnhrkeo6sseny3yq\" ><div  class=\"tatsu-row \" ><div  class=\"tatsu-column  tatsu-bg-overlay tatsu-one-col tatsu-column-image-none tatsu-column-effect-none  tatsu-gnhrkeo6u18dky\"  data-parallax-speed=\"0\" style=\"\"><div class=\"tatsu-column-inner \" ><div class=\"tatsu-column-pad-wrap\"><div class=\"tatsu-column-pad\" ><div  class=\"tatsu-module tatsu-text-block-wrap tatsu-gnhrkeo6v69f3yu4  \"><div class=\"tatsu-text-inner tatsu-align-center  clearfix\" ><style>.tatsu-gnhrkeo6v69f3yu4.tatsu-text-block-wrap .tatsu-text-inner{width: 100%;text-align: left;}<\/style>\n<\/div><\/div><\/div><\/div><div class = \"tatsu-column-bg-image-wrap\"><div class = \"tatsu-column-bg-image\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-column-overlay tatsu-animate-none\" ><\/div><\/div><style>.tatsu-row > .tatsu-gnhrkeo6u18dky.tatsu-column{width: 100%;}.tatsu-gnhrkeo6u18dky.tatsu-column > .tatsu-column-inner > .tatsu-column-overlay{mix-blend-mode: normal;}.tatsu-gnhrkeo6u18dky > .tatsu-column-inner > .tatsu-top-divider{z-index: 9999;}.tatsu-gnhrkeo6u18dky > .tatsu-column-inner > .tatsu-bottom-divider{z-index: 9999;}.tatsu-gnhrkeo6u18dky > .tatsu-column-inner > .tatsu-left-divider{z-index: 9999;}.tatsu-gnhrkeo6u18dky > .tatsu-column-inner > .tatsu-right-divider{z-index: 9999;}<\/style><\/div><\/div><\/div><\/div><div class=\"tatsu-section-background-wrap\"><div class = \"tatsu-section-background\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-section-overlay\"><\/div><style>.tatsu-gnhrkeo6rb7huria .tatsu-section-pad{padding: 15px 0px 15px 0px;}.tatsu-gnhrkeo6rb7huria > .tatsu-bottom-divider{z-index: 9999;}.tatsu-gnhrkeo6rb7huria > .tatsu-top-divider{z-index: 9999;}.tatsu-gnhrkeo6rb7huria .tatsu-section-overlay{mix-blend-mode: normal;}<\/style><\/div><div  class=\"tatsu-gng9sa55qu5w3bfh tatsu-section  tatsu-bg-overlay   tatsu-clearfix\" data-title=\"\"  data-headerscheme=\"background--dark\"><div class='tatsu-section-pad clearfix' data-padding='{\"d\":\"15px 0px 15px 0px\"}' data-padding-top='15px'><div class=\"tatsu-row-wrap  tatsu-wrap tatsu-row-one-col tatsu-row-has-one-cols tatsu-medium-gutter tatsu-reg-cols  tatsu-clearfix tatsu-gng9sa55sb527a2n\" ><div  class=\"tatsu-row \" ><div  class=\"tatsu-column  tatsu-bg-overlay tatsu-one-col tatsu-column-image-none tatsu-column-effect-none  tatsu-gng9sa55tjcjjgtc\"  data-parallax-speed=\"0\" style=\"\"><div class=\"tatsu-column-inner \" ><div class=\"tatsu-column-pad-wrap\"><div class=\"tatsu-column-pad\" ><div  class=\"tatsu-module tatsu-text-block-wrap tatsu-gng9sa55v97z5d6o  \"><div class=\"tatsu-text-inner tatsu-align-center  clearfix\" ><style>.tatsu-gng9sa55v97z5d6o.tatsu-text-block-wrap .tatsu-text-inner{width: 100%;text-align: left;}<\/style>\n<\/div><\/div><\/div><\/div><div class = \"tatsu-column-bg-image-wrap\"><div class = \"tatsu-column-bg-image\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-column-overlay tatsu-animate-none\" ><\/div><\/div><style>.tatsu-row > .tatsu-gng9sa55tjcjjgtc.tatsu-column{width: 100%;}.tatsu-gng9sa55tjcjjgtc.tatsu-column > .tatsu-column-inner > .tatsu-column-overlay{mix-blend-mode: normal;}.tatsu-gng9sa55tjcjjgtc > .tatsu-column-inner > .tatsu-top-divider{z-index: 9999;}.tatsu-gng9sa55tjcjjgtc > .tatsu-column-inner > .tatsu-bottom-divider{z-index: 9999;}.tatsu-gng9sa55tjcjjgtc > .tatsu-column-inner > .tatsu-left-divider{z-index: 9999;}.tatsu-gng9sa55tjcjjgtc > .tatsu-column-inner > .tatsu-right-divider{z-index: 9999;}<\/style><\/div><\/div><\/div><\/div><div class=\"tatsu-section-background-wrap\"><div class = \"tatsu-section-background\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-section-overlay\"><\/div><style>.tatsu-gng9sa55qu5w3bfh .tatsu-section-pad{padding: 15px 0px 15px 0px;}.tatsu-gng9sa55qu5w3bfh > .tatsu-bottom-divider{z-index: 9999;}.tatsu-gng9sa55qu5w3bfh > .tatsu-top-divider{z-index: 9999;}.tatsu-gng9sa55qu5w3bfh .tatsu-section-overlay{mix-blend-mode: normal;}<\/style><\/div><div  class=\"tatsu-gkrcpfnmf7b1lkx5 tatsu-section  tatsu-bg-overlay   tatsu-clearfix\" data-title=\"\"  data-headerscheme=\"background--dark\"><div class='tatsu-section-pad clearfix' data-padding='{\"d\":\"15px 0px 15px 0px\"}' data-padding-top='15px'><div class=\"tatsu-row-wrap  tatsu-wrap tatsu-row-one-col tatsu-row-has-one-cols tatsu-medium-gutter tatsu-reg-cols  tatsu-clearfix tatsu-gkrcpfnmh0966wjp\" ><div  class=\"tatsu-row \" ><div  class=\"tatsu-column  tatsu-bg-overlay tatsu-one-col tatsu-column-image-none tatsu-column-effect-none  tatsu-gkrcpfnmik8ozsk3\"  data-parallax-speed=\"0\" style=\"\"><div class=\"tatsu-column-inner \" ><div class=\"tatsu-column-pad-wrap\"><div class=\"tatsu-column-pad\" ><div  class=\"tatsu-module tatsu-text-block-wrap tatsu-gkrcpfnmk563ff4  \"><div class=\"tatsu-text-inner tatsu-align-center  clearfix\" ><style>.tatsu-gkrcpfnmk563ff4.tatsu-text-block-wrap .tatsu-text-inner{width: 100%;text-align: left;}<\/style>\n<p><span style=\"font-weight: 400;\">According to a recent article in the Wall Street Journal, the pharmaceutical industry raised prices in the month of January at a rate below what has been common in recent years \u2013 3.3% vs 5%+. While it at first appeared that this was somewhat good news, with a closer look, it became apparent that the \u201csmaller increase\u201d was applied to about 50% more drugs than at the last increase.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As consumers we are told that these price hikes &#8211; that consistently outpace inflation \u2013 are necessary to fund continued research and development. However, when you dig into the details you see that the net price of drugs for the manufacturers in many cases goes down and the increase primarily benefits pharmacy benefit mangers (PBM\u2019s).&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Are PBM\u2019s engaged in R&amp;D? No. They negotiate directly (and in secret) with various players in the industry and are paid large rebates to place drugs favorably on the lists of covered drugs we call formularies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the case of insulin, 60% of the total is this rebate ($300 of the $500 monthly cost). Does this somehow improve R&amp;D?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is the single largest threat to our healthcare system in the coming years and so far, we have not seen the political will to address it from either side of our system successfully.&nbsp; It is time for some commonsense transparency in this huge sector of our economy.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fortunately, forward thinking employers do not have to wait for political action that may not arrive in time. They can engage the services of a transparent PBM now and cut the drug costs inside their health plan by as much as 50% lowering their overall healthcare spend by 10-20%.&nbsp;<\/span><\/p>\n<\/div><\/div><\/div><\/div><div class = \"tatsu-column-bg-image-wrap\"><div class = \"tatsu-column-bg-image\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-column-overlay tatsu-animate-none\" ><\/div><\/div><style>.tatsu-row > .tatsu-gkrcpfnmik8ozsk3.tatsu-column{width: 100%;}.tatsu-gkrcpfnmik8ozsk3.tatsu-column > .tatsu-column-inner > .tatsu-column-overlay{mix-blend-mode: normal;}.tatsu-gkrcpfnmik8ozsk3 > .tatsu-column-inner > .tatsu-top-divider{z-index: 9999;}.tatsu-gkrcpfnmik8ozsk3 > .tatsu-column-inner > .tatsu-bottom-divider{z-index: 9999;}.tatsu-gkrcpfnmik8ozsk3 > .tatsu-column-inner > .tatsu-left-divider{z-index: 9999;}.tatsu-gkrcpfnmik8ozsk3 > .tatsu-column-inner > .tatsu-right-divider{z-index: 9999;}<\/style><\/div><\/div><\/div><\/div><div class=\"tatsu-section-background-wrap\"><div class = \"tatsu-section-background\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-section-overlay\"><\/div><style>.tatsu-gkrcpfnmf7b1lkx5 .tatsu-section-pad{padding: 15px 0px 15px 0px;}.tatsu-gkrcpfnmf7b1lkx5 > .tatsu-bottom-divider{z-index: 9999;}.tatsu-gkrcpfnmf7b1lkx5 > .tatsu-top-divider{z-index: 9999;}.tatsu-gkrcpfnmf7b1lkx5 .tatsu-section-overlay{mix-blend-mode: normal;}<\/style><\/div><div  class=\"tatsu-gl0merr6mt550s8f tatsu-section  tatsu-bg-overlay   tatsu-clearfix\" data-title=\"\"  data-headerscheme=\"background--dark\"><div class='tatsu-section-pad clearfix' data-padding='{\"d\":\"15px 0px 15px 0px\"}' data-padding-top='15px'><div class=\"tatsu-row-wrap  tatsu-wrap tatsu-row-one-col tatsu-row-has-one-cols tatsu-medium-gutter tatsu-reg-cols  tatsu-clearfix tatsu-gl0merr6or7jz0xa\" ><div  class=\"tatsu-row \" ><div  class=\"tatsu-column  tatsu-bg-overlay tatsu-one-col tatsu-column-image-none tatsu-column-effect-none  tatsu-gl0merr6qd99c7xz\"  data-parallax-speed=\"0\" style=\"\"><div class=\"tatsu-column-inner \" ><div class=\"tatsu-column-pad-wrap\"><div class=\"tatsu-column-pad\" ><div  class=\"tatsu-module tatsu-normal-button tatsu-button-wrap align-block block-center  tatsu-_UuMF7mmj   \"><a class=\"tatsu-shortcode blockbtn tatsu-button left-icon rounded   bg-animation-none  \" href=\"https:\/\/ccbdins.com\/contact-us\/\" style= \"\"  aria-label=\"CONTACT US NOW\" data-gdpr-atts={} >CONTACT US NOW<\/a><style>.tatsu-_UuMF7mmj .tatsu-button{background-color: rgba(201,159,74,1);color: rgba(6,15,26,1) ;}<\/style><\/div><\/div><\/div><div class = \"tatsu-column-bg-image-wrap\"><div class = \"tatsu-column-bg-image\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-column-overlay tatsu-animate-none\" ><\/div><\/div><style>.tatsu-row > .tatsu-gl0merr6qd99c7xz.tatsu-column{width: 100%;}.tatsu-gl0merr6qd99c7xz.tatsu-column > .tatsu-column-inner > .tatsu-column-overlay{mix-blend-mode: normal;}.tatsu-gl0merr6qd99c7xz > .tatsu-column-inner > .tatsu-top-divider{z-index: 9999;}.tatsu-gl0merr6qd99c7xz > .tatsu-column-inner > .tatsu-bottom-divider{z-index: 9999;}.tatsu-gl0merr6qd99c7xz > .tatsu-column-inner > .tatsu-left-divider{z-index: 9999;}.tatsu-gl0merr6qd99c7xz > .tatsu-column-inner > .tatsu-right-divider{z-index: 9999;}<\/style><\/div><\/div><\/div><\/div><div class=\"tatsu-section-background-wrap\"><div class = \"tatsu-section-background\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-section-overlay\"><\/div><style>.tatsu-gl0merr6mt550s8f .tatsu-section-pad{padding: 15px 0px 15px 0px;}.tatsu-gl0merr6mt550s8f > .tatsu-bottom-divider{z-index: 9999;}.tatsu-gl0merr6mt550s8f > .tatsu-top-divider{z-index: 9999;}.tatsu-gl0merr6mt550s8f .tatsu-section-overlay{mix-blend-mode: normal;}<\/style><\/div><div  class=\"tatsu-glj2jnf3um1hfbzk tatsu-section  tatsu-bg-overlay   tatsu-clearfix\" data-title=\"\"  data-headerscheme=\"background--dark\"><div class='tatsu-section-pad clearfix' data-padding='{\"d\":\"15px 0px 15px 0px\"}' data-padding-top='15px'><div class=\"tatsu-row-wrap  tatsu-wrap tatsu-row-one-col tatsu-row-has-one-cols tatsu-medium-gutter tatsu-reg-cols  tatsu-clearfix tatsu-glj2jnf3vt6vm26t\" ><div  class=\"tatsu-row \" ><div  class=\"tatsu-column  tatsu-bg-overlay tatsu-one-col tatsu-column-image-none tatsu-column-effect-none  tatsu-glj2jnf3wqc25b66\"  data-parallax-speed=\"0\" style=\"\"><div class=\"tatsu-column-inner \" ><div class=\"tatsu-column-pad-wrap\"><div class=\"tatsu-column-pad\" ><div  class=\"tatsu-module tatsu-text-block-wrap tatsu-glj2jnf3xj7ixlfs  \"><div class=\"tatsu-text-inner tatsu-align-center  clearfix\" ><style>.tatsu-glj2jnf3xj7ixlfs.tatsu-text-block-wrap .tatsu-text-inner{width: 100%;text-align: left;}<\/style>\n<p><!-- \/wp:paragraph --><\/p>\n<\/div><\/div><\/div><\/div><div class = \"tatsu-column-bg-image-wrap\"><div class = \"tatsu-column-bg-image\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-column-overlay tatsu-animate-none\" ><\/div><\/div><style>.tatsu-row > 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class=\"tatsu-text-inner tatsu-align-center  clearfix\" ><style>.tatsu-gmnwssmxsg20qntj.tatsu-text-block-wrap .tatsu-text-inner{width: 100%;text-align: left;}<\/style>\n<\/div><\/div><\/div><\/div><div class = \"tatsu-column-bg-image-wrap\"><div class = \"tatsu-column-bg-image\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-column-overlay tatsu-animate-none\" ><\/div><\/div><style>.tatsu-row > .tatsu-gmnwssmxrm7t1ift.tatsu-column{width: 100%;}.tatsu-gmnwssmxrm7t1ift.tatsu-column > .tatsu-column-inner > .tatsu-column-overlay{mix-blend-mode: normal;}.tatsu-gmnwssmxrm7t1ift > .tatsu-column-inner > .tatsu-top-divider{z-index: 9999;}.tatsu-gmnwssmxrm7t1ift > .tatsu-column-inner > .tatsu-bottom-divider{z-index: 9999;}.tatsu-gmnwssmxrm7t1ift > .tatsu-column-inner > .tatsu-left-divider{z-index: 9999;}.tatsu-gmnwssmxrm7t1ift > .tatsu-column-inner > .tatsu-right-divider{z-index: 9999;}<\/style><\/div><\/div><\/div><\/div><div class=\"tatsu-section-background-wrap\"><div class = \"tatsu-section-background\" ><\/div><\/div><div class=\"tatsu-overlay tatsu-section-overlay\"><\/div><style>.tatsu-gmnwssmxpndct608 .tatsu-section-pad{padding: 15px 0px 15px 0px;}.tatsu-gmnwssmxpndct608 > .tatsu-bottom-divider{z-index: 9999;}.tatsu-gmnwssmxpndct608 > .tatsu-top-divider{z-index: 9999;}.tatsu-gmnwssmxpndct608 .tatsu-section-overlay{mix-blend-mode: normal;}<\/style><\/div><div  class=\"tatsu-gng9sa57pnbekctd tatsu-section  tatsu-bg-overlay   tatsu-clearfix\" data-title=\"\"  data-headerscheme=\"background--dark\"><div class='tatsu-section-pad clearfix' data-padding='{\"d\":\"15px 0px 15px 0px\"}' data-padding-top='15px'><div class=\"tatsu-row-wrap  tatsu-wrap tatsu-row-one-col tatsu-row-has-one-cols tatsu-medium-gutter tatsu-reg-cols  tatsu-clearfix tatsu-gng9sa57r0bf4df1\" ><div  class=\"tatsu-row \" ><div  class=\"tatsu-column  tatsu-bg-overlay tatsu-one-col tatsu-column-image-none tatsu-column-effect-none  tatsu-gng9sa57s46o4lgk\"  data-parallax-speed=\"0\" 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