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Re: JRoon71 post# 429782

Tuesday, 10/22/2024 8:12:33 AM

Tuesday, October 22, 2024 8:12:33 AM

Post# of 447903

In fact, sometimes PBM's will actually give preference to branded drugs because the "net" to them is higher than it is from selling generics (because they can get rebates back from brand drug companies in some cases). Shitty, but it's the way that world works right now.



JRoon, it is quite interesting what you wrote in the above quoted paragraph. I say that because doing a bit of research concerning PBMs I have found that one of the big complaints is that they quite often slight generics in favor of brands because as you say with rebates and all they net more by covering the brand. That is why it is hard to understand why brand V has been shut out by CVS Caremark in favor of GV. One would think the Generics cannot match a large discount since they operate on much lower margins. Would be nice to know the true dynamics of how CVS came to that decision.
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