Merith Basey’s Post

How is AffirmedRx different than traditional PBMs? In an industry that too often operates in the shadows, AffirmedRx operates in the light. We offer straightforward contracts; complete data rights and ownership; and transparent, clear pricing to stop the drug pricing secrets and realign PBM incentives for the good of consumers. https://lnkd.in/dxFfkPnH

The work of the Access to Medicine Foundation & Chatham House are well aligned. Robert Yates discusses this in the video below including how we work together to improve the pharma industry's actions in pursuit of our shared goal of achieving universal health coverage and #HealthForAll.

We need people across the health care ecosystem engaged if we’re going to move the needle on health equity. That’s why I’m excited about today’s announcement of a first-of-its-kind partnership with the National Health Council and the National Medical Association. As our industry goes after tough-to-treat diseases and provides hope to patients, this framework can help advance health equity and ethical collaboration across our health care system: https://lnkd.in/exS_zABv  

PROFIT VS HEALTH Healthc🇺🇸re is about profit & return 💰💰💰 to an investor, which has little to do with providing the healthiest most effective outcome for humanity. https://lnkd.in/gfD9BfM6

Business Group on Health outlines 9 trends to watch in 2024, including rising health care costs, surging prescription drug prices, and the need for expanded access to behavioral health. Read more about all 9 trends as you prepare for the new year.

Are you among the two-thirds of #pharma currently struggling to demonstrate behavioural impact with your #HCPengagement activity?    Explore the way forward with key takeaways from the recent Impatient Health ‘Mighty Medical’ webinar, where EPG Health was joined by a panel of #pharma industry leaders to discuss what meaningful outcomes metrics look like in #MedicalAffairs.    Learn more – https://lnkd.in/e-x-QFng

As you watch (if you watch), remember that pharmaceutical price isn't one set concept. There are list prices, net prices, copayments/coinsurance, etc. Should healthcare prices be lower for Americans? Yes. But affordability is a not just a focus on the list price of a drug. If we want to have a serious conversation about lowering all of these prices, great - I'm here for it. But political talking points about how we need to pay what other countries do and go after big bad Pharma (while still asking for innovation), meh. Digging in is hard. We need to talk about the levers of Medicaid rebates and 340B and PBMs and copay accumulators. We've built a monster of a healthcare system and reworking it is hard (maybe impossible?) but we might be able to do hard things.

Earlier in the week I posted about Health vs. Wellness as it relates to healthcare and pharmacy costs. The difference essentially being Disease vs. Lifestyle. Unfortunately, as a society we are becoming less and less healthy while at the same time the healthcare system becoming more and more consolidated. Those two factors don't create a great environment for healthcare costs, while prices are becoming less transparent and more confusing for the patient. Below is recent data on the top 20 high-cost claims. This really brings into focus why employer health plans need to account for Health vs. Wellness in order to mitigate costs and risks, while not sacrificing quality of care. If you can impact these claims in a positive way, that is path toward saving money.

📚From the archive The innovative pharmaceutical industry plays a unique role in supporting Universal Health Coverage (#UHC) by driving #innovation for nearly all medicines and vaccines in use today. Through the #UHCActionAgenda, the UHC2030 - Taking action for universal health coverage Private Sector Constituency, of which IFPMA is a part of, commits to: ✅ incorporate UHC principles into their business ✅ strengthen health workforce ✅ contribute to raise financing for UHC Read more in IFPMA's Vanessa Peberdy Expert Insight, also published on Re:solve Global Health ⤵ https://bit.ly/3WbfgvA