PBM Reform Podcast

Part Two of the PBM Reform Podcast Series features an interview with Monique Whitney, the Excutive Director of Pharmacists United for Truth and Transparency (PUTT). 

Pharmacists United for Truth and Transparency (PUTT) is a non-profit advocacy organization founded by independent pharmacists and pharmacy owners devoted to exposing the truth about the anti-competitive tactics of pharmacy benefits managers (PBMs). Known to most Americans as their "prescription drug benefit plan" provider, PBMs are in reality a $300 billion industry - giant corporate middlemen driving up the cost of medications with huge mark ups and commissions on every prescription covered under their "benefits plan." 

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Working with local and national traditional and digital media that includes The New York Times, USA Today, CBS News, Bloomberg, NBC Nightly News with Lester Holt and Business Insider, PUTT seeks to educate patients, lawmakers, health plan sponsors and the public about the deeply negative effects of the PBM industry on U.S. healthcare and the escalating price of prescription medications.

PUTT serves as an industry watchdog, collecting evidence of PBM fraudulent practices and abuse and using this information to educate and inform consumers, taxpayers, employers and health plan sponsors of the truth about the unregulated, unmonitored PBM industry. Through PUTT's efforts, PBMs have begun to experience greater public awareness and scrutiny of their actions and come under fire for questionable practices including the use of gag clauses at the pharmacy counter, gross over-billing of health plans (called "spread pricing"), forcing patients to use PBM-owned pharmacies instead of allowing patients to choose their own pharmacies and interjecting unnecessary bureaucratic practices such as prior authorizations between patients and their doctors in the matter of prescription refills.

Monique Whitney

Pharmacists United for Truth and Transparency

[email protected]

m. (505) 480-4150

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Anne CassityVice President, Federal and State Government Affairs at National Community Pharmacists Association (NCPA) joins Todd Eury, CEO of the Pharmacy Podcast Network, on part one of the new series: 

PBM Reform Podcast Series 

Pharmacy benefit managers were created as middlemen to reduce administrative costs for insurers, validate a patient’s eligibility, administer plan benefits, and negotiate costs between pharmacies and health plans. Over time, PBMs have been allowed to operate virtually unchecked. A lack of transparency in PBM practices has led several states to implement licensure/registration, fair pharmacy audit, or generic drug pricing legislation to try to level the playing field for pharmacies and patients. 

NCPA: https://www.ncpanet.org/advocacy/state-advocacy/pbm-reform 

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