Congressional Dish is a twice-monthly podcast that aims to draw attention to where the American people truly have power: Congress. From the perspective of a fed up taxpayer with no allegiance to any political party, Jennifer Briney will fill you in on the must-know information about what our representatives do AFTER the elections and how their actions can and will affect our day to day lives. Hosted by @JenBriney. Links to information sources available at www.congressionaldish.com
Manage episode 285772839 series 1034388
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This week we’re joined by Mark Morgan, President of Sherrill Morgan. He explains in-detail Pharmacy Costs - why they cost what they do and how Pharmacy Programs work today. There is a space between the Average Wholesale Price (AWP) and the Maximum Allowable Cost. This gap allows for arbitrary costs to be determined by a Pharmacy Benefit Manager (PBM). Mark shares how to address or avert the PBM situation. He also provides insight into four ways to save costs Acquisition Cost Indexing, Own Use Acquisition, Rebates, and 340B