- JUST 3 insurers' PBMs (@Cigna, @CVSHealth, @UHC) control 80% of the pharmacy benefit market.
- The Big 7 control 69% of the Medicare Advantage market.
- 53% of all Medicaid beneficiaries are now enrolled in health plans managed by the Big 7.
GET THIS: Dr. Oz wants to force Pennsylvania seniors into Wall Street-run health insurance plans that studies show cost taxpayers FAR MORE than original Medicare + makes it harder for doctors to prescribe the medications and treatments their patients need.
What @bobjherman said but also this: tens of millions of Americans are functionally uninsured because deductibles are ridiculous. Insurers and their shareholders are rolling in the dough. The 100 million Americans with medical debt? Not so much https://twitter.com/bobjherman/status/1554508070637735937