The High Cost of Prescription Drugs: Understanding the Crisis and Finding Solutions

Описание: We explore the profound impact of high drug prices on the elderly and delve into the role of Pharmacy Benefit Managers (PBMs) in escalating patient costs and affecting prescription medication coverage. Unveiling the lack of transparency in the pharmaceutical industry and the hurdles of insurance authorization, we discuss strategies for decreasing prescription costs, exploring alternatives, and Mark Cuban's disruptive Cost Plus Plan. From emphasizing the importance of transparency in regulation to practical tips for preparing for doctor's visits and seeking affordable prescription drug alternatives, we empower listeners to advocate for their healthcare needs.

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Timestamps:
00:00:00 - Introduction to the Podcast "Justice and Scrubs"
00:02:46 - The Impact of High Drug Prices on the Elderly
00:05:32 - The role of pbms in increasing patient costs.
00:08:14 - The Impact of PBMs on Prescription Medication Coverage
00:10:50 - The Role of PBMs in the Healthcare Industry
00:13:40 - Lack of Transparency in the Pharmaceutical Industry
00:16:22 - The Hassle of Insurance Authorization
00:18:52 - The high cost of medical malpractice
00:21:28 - Significant Savings on Medication
00:24:21 - Decreasing Prescription Costs
00:26:52 - Medication Costs and Alternatives
00:29:09 - Mark Cuban's Cost Plus Plan: Disrupting the Drug Industry
00:31:50 - The Importance of Transparency in Regulation
00:34:18 - The Importance of Taking Blood Pressure Medicine
00:36:44 - Preparing for a Doctor's Visit
00:39:15 - Affordable Prescription Drug Alternatives
00:41:41 - Asking Your Doctor About Affordability

Produced & Edited By:
https://www.creativeevolutionstudios....