Latest / Pharmacy Podcast Network / Tennessee PBM Reform Win | PBM Reform
Transcript
- 0:05Speaker 1: You are listening to the global network of podcasters dedicated
- 0:09Speaker 1: to the pharmacy profession.
- 0:10Speaker 2: Welcome to the Pharmacy podcast Network.
- 0:34Speaker 3: Welcome to the PBM Reform Podcast, where we dive deep
- 0:38Speaker 3: into the world of pharmaceutical benefit management, cutting through the
- 0:41Speaker 3: noise to uncover the truth. Since twenty nineteen, we've been
- 0:46Speaker 3: your go to source for the latest on how PBMs
- 0:49Speaker 3: impact patient care, drug pricing, and the very future of pharmacy.
- 0:54Speaker 3: Here we champion the role of pharmacists.
- 0:57Speaker 4: The most knowledgeable advocates for medication safety and expertise. Join
- 1:02Speaker 4: us as we expose and generate discussions that are reshaping
- 1:06Speaker 4: healthcare and explore how we build a better payment system
- 1:10Speaker 4: which focuses on advancing pharmacy care.
- 1:20Speaker 5: This is a special episode of the PBM Reform Podcast
- 1:25Speaker 5: with Anthony Pudlow, Executive director CEO of the Tennessee Pharmacist Association.
- 1:32Speaker 1: I'm so excited about this.
- 1:34Speaker 5: I get to tag along with Greg Ribold, who's our
- 1:37Speaker 5: host of the PBM Reform Podcast. Greg, what a timely
- 1:41Speaker 5: episode to have on the PBM Reform Podcast.
- 1:46Speaker 2: Yeah, amazing, Todd, thank thank you for the introduction, and
- 1:48Speaker 2: thank you Anthony for coming on. You know it's been
- 1:52Speaker 2: a while, Frank, it's to have a PBM reform podcast episode,
- 1:55Speaker 2: and I don't know that there's a one one that
- 1:58Speaker 2: could be more relevant or bigger. So really appreciate Anthony
- 2:02Speaker 2: coming on as a guest. Quiet week for you, Anthony, Right,
- 2:07Speaker 2: you want to just let's let's let's jump.
- 2:09Speaker 1: Right on your thumbs over here in Tennessee.
- 2:12Speaker 2: I don't think I can go on social media, whether
- 2:14Speaker 2: it's LinkedIn, whether it's Facebook, whether whether it's X and
- 2:18Speaker 2: you know, everywhere I go, right, there's so much excitement,
- 2:22Speaker 2: there's so much optimism, and there's so much admiration and
- 2:25Speaker 2: admiration for the work that's going on in Tennessee. So,
- 2:29Speaker 2: you know, if you could let our viewers know sort
- 2:30Speaker 2: of where you're at, you know, you get a just
- 2:33Speaker 2: a teeny little bill.
- 2:34Speaker 1: You've been working on and over you. Yeah, yeah, it's
- 2:39Speaker 1: been kind of a quiet time in the last few
- 2:40Speaker 1: months here in Tennessee. Yeah, we're latest and greatest. I
- 2:46Speaker 1: think we're fresh off of a major victory in terms
- 2:51Speaker 1: of how our States General Assembly voted and approved and
- 2:55Speaker 1: passed Center Bill twenty forty, House Build nineteen fifty nine
- 3:00Speaker 1: just this week on Monday, the Senate in the evening
- 3:03Speaker 1: voted a not quite unanimously, but it was a twenty
- 3:06Speaker 1: four to nine vote on the House side. I'd say
- 3:09Speaker 1: even the majority was even stronger with a eighty six
- 3:13Speaker 1: to seven vote on the House side. So we currently
- 3:18Speaker 1: are awaiting. This bill is now in the process of
- 3:21Speaker 1: being transmit over to the Governor's desk, and we really
- 3:26Speaker 1: hope to see a positive supporting process from the governor
- 3:30Speaker 1: to see the law take effect. So hopefully by time
- 3:34Speaker 1: you all listen, you'll see even more news about where
- 3:37Speaker 1: and how this law will take effect for the state Tennessee.
- 3:42Speaker 2: Very good and for the listeners, if you would do
- 3:45Speaker 2: I just kind of breaking down exactly what this you know,
- 3:47Speaker 2: what this bill looks to do.
- 3:50Speaker 1: Yeah, I want to make sure I call all attention.
- 3:55Speaker 1: I think it's been formally dubbed the Freedom Access and
- 3:58Speaker 1: Integrity and Registered PHARMACE SEE Act or fair RX Act
- 4:03Speaker 1: that the primary bill sponsor, Senator Bobby Harshbarger out of
- 4:08Speaker 1: the Kingsport area, kind of dubbed it that way, and
- 4:12Speaker 1: so really supportive and appreciative of his strong leadership and
- 4:17Speaker 1: bringing this forward as well as our House sponsor, which
- 4:20Speaker 1: was Representative Rick Scarborough from the Tennessee region as well.
- 4:25Speaker 1: But what this bill is very similar to what our
- 4:28Speaker 1: colleagues in Arkansas passed. There's a few minor things that
- 4:32Speaker 1: were a little different given just how our state's laws
- 4:36Speaker 1: are brought forward, but ultimately the same process and the
- 4:39Speaker 1: fact that it empowers our Board of Pharmacy to deny
- 4:43Speaker 1: a license to a pharmacy if that ownership structure includes
- 4:48Speaker 1: a PBM and a health insurance issuer, at least in
- 4:53Speaker 1: terms of the terminology that you use. So more or
- 4:56Speaker 1: less breaking up that vertical integration model in saying that
- 5:00Speaker 1: the boarder farment, we cannot see a license to a
- 5:03Speaker 1: pharmacy if that ownership structure is a health plan or
- 5:07Speaker 1: a PDM.
- 5:10Speaker 2: Amazing, right, And this this follows on the heels of Arkansas,
- 5:14Speaker 2: and so Arkansas and now Tennessee both just long leaders
- 5:18Speaker 2: on the front lines of PPM reform. And so you're
- 5:22Speaker 2: now two states in the country to get this through
- 5:24Speaker 2: the General Assembly, which is amazing. And you know, I
- 5:28Speaker 2: think you know, a lot of the concept was born
- 5:31Speaker 2: out of federal right the you know, there was federal
- 5:34Speaker 2: legislation introduced in twenty twenty four in the House and
- 5:38Speaker 2: in the Senate, and my god, right, I think that
- 5:42Speaker 2: when that was first introduced, a lot of people thought, oh,
- 5:44Speaker 2: that's a messaging bill or oh that's not realistic. And
- 5:47Speaker 2: now you've got two states that have have always led
- 5:51Speaker 2: that have done this. You know to me the import
- 5:54Speaker 2: and obviously right you're you know, in your position CEO
- 5:58Speaker 2: for the Pharmacy Association, but you know, vertical integration acts
- 6:03Speaker 2: in such an anti competitive way, certainly against pharmacies, right,
- 6:08Speaker 2: any pharmacy that's not affiliated with a PBM. But you
- 6:13Speaker 2: talk to us a little bit about vertical integration, and
- 6:15Speaker 2: you know the cost to the consumer, the cost to
- 6:17Speaker 2: the patient, and the impact there because I think that
- 6:20Speaker 2: the best news here is for the patients.
- 6:22Speaker 1: Yeah, you know, And I think for us what really
- 6:25Speaker 1: helped in our effort. And I still took my cap
- 6:29Speaker 1: to my colleagues on Arkansas and what John Vincent and
- 6:32Speaker 1: his team was able to do. But in conversations we've had,
- 6:35Speaker 1: as we've obviously been in close communication as we've been
- 6:39Speaker 1: going forward, I think what Tennessee has had over Arkansas
- 6:43Speaker 1: on this effort is the data, the data from our
- 6:48Speaker 1: state and back in twenty twenty two, we did pass
- 6:51Speaker 1: the law that granted authority to our state's insurance commissioner
- 6:55Speaker 1: and his team to audit PBMs on a regular basis,
- 6:59Speaker 1: and we're we are known that it's known that the
- 7:04Speaker 1: division audits about five PBMs a year, and not just
- 7:09Speaker 1: for what we've seen recently, but when at first, when
- 7:13Speaker 1: the results first came out on express Scripts last year
- 7:15Speaker 1: and the audit results, we were seeing upwards of three
- 7:19Speaker 1: thousand percent difference in terms of the payments that an
- 7:23Speaker 1: Express Script's affiliated pharmacy was receiving versus a non affiliated
- 7:27Speaker 1: pharmacy still in the same network. And then our state
- 7:30Speaker 1: this year came out with results on CDs care Mark
- 7:35Speaker 1: even more detrimental impact of sixteen percent in some cases.
- 7:41Speaker 1: But even back to the Express Scripts audit, they were
- 7:45Speaker 1: in clear violation of some of our prohibitions around spread pricing.
- 7:48Speaker 1: And even what that audit showed was that Express Groups
- 7:53Speaker 1: was with holding close to thirty million dollars from employers
- 7:58Speaker 1: and taxpayers and others for what they were seeing. So
- 8:02Speaker 1: you know, we had a very easy, clear message to say,
- 8:05Speaker 1: look at what our state, our own state, not even
- 8:09Speaker 1: with the FTC and others, OEG and others that have
- 8:11Speaker 1: been investigators look at the data straight from our own
- 8:15Speaker 1: state that is showing that these PBMs are withholding this
- 8:21Speaker 1: money or keeping for themselves, whether it's from pharmacies, other providers,
- 8:26Speaker 1: the patients themselves, I mean everybody. And it has been
- 8:29Speaker 1: I think the harder message still or the harder nut
- 8:33Speaker 1: to crack. And I think you all, I know, I've
- 8:35Speaker 1: heard a few of your previous sessions about how do
- 8:39Speaker 1: we break through to employers and help them understand where
- 8:43Speaker 1: they don't see their own data, they don't get that
- 8:46Speaker 1: information from their PBM, but it's there. It's it's very
- 8:50Speaker 1: clear and what our state's been able to do, so
- 8:52Speaker 1: I know for us, you know ultimately this bill it's
- 8:56Speaker 1: it's a patient safety bill, it's a hence why the
- 9:00Speaker 1: of pharmacies involved in this, it's an access bill. We've
- 9:04Speaker 1: seen too many pharmacies close in our state since we've
- 9:08Speaker 1: really some of the data that we've gotten from our
- 9:10Speaker 1: colleagues at NCPA and their their efforts with Southern Calm
- 9:15Speaker 1: and the Pharmacy Desert's information. We saw since twenty seventeen,
- 9:20Speaker 1: six hundred and twenty pharmacies close, not just independent but
- 9:23Speaker 1: other chain pharmacies too. I mean that's we guestimated about
- 9:27Speaker 1: a third of pharmacies closed in that last what is
- 9:30Speaker 1: that in nine years? So it's applications to that, it's
- 9:35Speaker 1: access to care.
- 9:35Speaker 6: Yeah, absolutely.
- 9:37Speaker 1: You know.
- 9:37Speaker 2: The other thing, you know, I look at this very
- 9:40Speaker 2: much as is I think I think it's also a
- 9:41Speaker 2: free market bill, right, Like you talk about the pricing
- 9:44Speaker 2: disparities uncovered in the audits, right, one of the elements
- 9:47Speaker 2: and of the free market is like price signals, right,
- 9:49Speaker 2: you've got and what you've got as PBMs acting as
- 9:52Speaker 2: price makers and also price takers. And so the free
- 9:56Speaker 2: market isn't setting those prices PBMs even sometimes government contractors
- 10:01Speaker 2: or setting prices picking winners and losers, and of course
- 10:05Speaker 2: oftentimes reversing themselves with massive, massive.
- 10:07Speaker 6: Markups that have no bearing to the market price.
- 10:11Speaker 2: And then the other thing I want to touch on
- 10:13Speaker 2: and ask you about is on top of these massive markups,
- 10:16Speaker 2: so often the patient doesn't necessarily have the choice to
- 10:19Speaker 2: not fill it at those pharmacies that are PBM owned.
- 10:22Speaker 1: True. Yeah, and you know for us too, it's you know,
- 10:25Speaker 1: this bill it gets more beyond some of the administrative
- 10:29Speaker 1: things that we've been able to try to pass right.
- 10:31Speaker 1: This is getting at the structural integrity of the system.
- 10:35Speaker 1: That is a very different approach on addressing these issues
- 10:39Speaker 1: in the PBM space. But don't get me wrong, Like
- 10:42Speaker 1: we've been successful in Tennessee and allowing pharmacies to be
- 10:45Speaker 1: paid at cost, making sure pharmacies get proper dispensing fees
- 10:49Speaker 1: at least for lower volume pharmacies based on our ten
- 10:53Speaker 1: Care program standards. But ultimately, yeah, I mean, it's patients
- 10:59Speaker 1: that are being coerced and moved to pharmacies that they
- 11:03Speaker 1: don't want to go to or to mail order, where
- 11:06Speaker 1: we also see excessive amounts of fraud and waste in
- 11:10Speaker 1: the system. So you know, I do think. I mean,
- 11:13Speaker 1: I think for all the listeners out there, the amount
- 11:15Speaker 1: I mean, it feels like we've been preaching this for
- 11:18Speaker 1: so long, but I think every case scenario now has
- 11:22Speaker 1: led up to this, Like the pot is full in
- 11:26Speaker 1: terms of how much we can tell this story. And
- 11:29Speaker 1: I think whether you're a state legislator, whether you're a
- 11:32Speaker 1: member of Congress or any other policy maker, there's more
- 11:36Speaker 1: than enough data to move move the needle, whether it's
- 11:40Speaker 1: at the state or at a federal level. Yeah.
- 11:43Speaker 2: Absolutely, I need it so often when you see, you know,
- 11:46Speaker 2: something massive like like what you all have pulled off
- 11:49Speaker 2: in Tennessee. You know, of course you know other states
- 11:52Speaker 2: and you know patient groups and pharmacy groups or you
- 11:54Speaker 2: know are going to look look to your state. And
- 11:57Speaker 2: I don't know that there is a secret sauce, but
- 12:00Speaker 2: do you know, right like you guys have you have
- 12:01Speaker 2: a culture of winning. I talked about that a lot,
- 12:03Speaker 2: right when you look like Arkansas, the work you do Kentucky,
- 12:07Speaker 2: right there is there's a culture of winning and passing
- 12:11Speaker 2: legislation that you know improves patient care, improves access to care,
- 12:16Speaker 2: lowers prices, protects from anti competitive PBM practices. But a
- 12:21Speaker 2: lot of the work that you did this year was
- 12:23Speaker 2: built on the year's pass right, This didn't magically happen
- 12:26Speaker 2: in one year. And you talked a little bit about
- 12:29Speaker 2: the you know, the insurance commissioner and doing the audits,
- 12:32Speaker 2: and that was a result of state legislation as well,
- 12:35Speaker 2: right in power Yeah, Yeah, And I don't even greg
- 12:38Speaker 2: out even go as farther and saying I've told a
- 12:41Speaker 2: lot of members that have already reached out, you know,
- 12:43Speaker 2: expressing their gratitude for what we've done.
- 12:46Speaker 1: You know, it's it's not just the level of the
- 12:48Speaker 1: legislation that we passed over the years. This is a
- 12:51Speaker 1: prime case example of what grassroots advocacy means, and not
- 12:56Speaker 1: just certainly here and now, but the longevity to making
- 13:00Speaker 1: meaningful relationships with your legislators. That's not easy, no matter
- 13:05Speaker 1: if you agree with their politics or they're not or
- 13:07Speaker 1: you're not. You have an elected leader that represents you
- 13:12Speaker 1: in your district that you need to form a relationship
- 13:14Speaker 1: with in showcase this issue when sometimes it's speaking a
- 13:18Speaker 1: completely different language, right, I mean very rarely do we
- 13:21Speaker 1: have as many pharmacists run around our state houses to
- 13:24Speaker 1: see we've been a little fortunate in that area. But
- 13:27Speaker 1: like that relationship is hard and to have somebody, an
- 13:32Speaker 1: elected leader that listens to you when the time is
- 13:36Speaker 1: right and builds that And I think Tennessee has had
- 13:39Speaker 1: a long history of developing meaningful relationships that have been
- 13:44Speaker 1: obviously on full display here this year or.
- 13:47Speaker 2: So, yeah, absolutely so for some of a lot of
- 13:50Speaker 2: our listeners or policy or are I have spent time
- 13:52Speaker 2: in capitals, but not all of them, And so.
- 13:56Speaker 6: Would love to talk a little bit just about.
- 13:58Speaker 2: Like the under you know, under the Dome on the
- 14:01Speaker 2: marble floor politics, and like just just to give the
- 14:04Speaker 2: listeners an idea.
- 14:05Speaker 6: Of like what you were up against.
- 14:07Speaker 2: And so I'm going to ask you a ballparket because
- 14:09Speaker 2: you probably don't have a number, right, but that this legislation,
- 14:12Speaker 2: you know, represented an existential threat to a pipeline to
- 14:16Speaker 2: profits for PBMs that have affiliated pharmacies, and obviously they've
- 14:21Speaker 2: got diverse interests. There's multiple companies. How many lobbyists do
- 14:24Speaker 2: you think we're working against you?
- 14:27Speaker 1: Yeah, you know, I think in any normal year, the opposition,
- 14:31Speaker 1: and I've had a few meetings where they want to
- 14:33Speaker 1: just sit down directly with me, there's probably fifteen to
- 14:37Speaker 1: twenty lobbyists that are regularly here for the opposition this
- 14:42Speaker 1: year alone, This year alone, we counted an additional sixty
- 14:47Speaker 1: two higher lobbyists on top of their normal ones, on
- 14:52Speaker 1: top of their normal lobbyists. Plus you have a group
- 14:56Speaker 1: like CBS, and it's been reported that between CD and
- 15:00Speaker 1: a few other stakeholders, they've invested over seven million dollars
- 15:04Speaker 1: in ad campaigns against this. Our Speaker of the House
- 15:09Speaker 1: tweeted out once we saw data about some social media
- 15:13Speaker 1: influencers being paid thirteen thousand dollars just to put out,
- 15:17Speaker 1: you know, a one reel to make their mess. So
- 15:20Speaker 1: I mean the money and the people were there. So
- 15:24Speaker 1: I think for everybody to realize, there'd be moments where
- 15:27Speaker 1: myself and our lobby is so we're just two plus
- 15:30Speaker 1: our grassroots network. The two of us would be waiting
- 15:33Speaker 1: to go in with the key leader, say of a
- 15:36Speaker 1: finance committee member or the chair of the committee, and
- 15:40Speaker 1: who would be walking out would be one PBM group
- 15:44Speaker 1: who'd be waiting when we came in or when we
- 15:46Speaker 1: came out, there'd be a whole other line of them.
- 15:49Speaker 1: I mean, it was they were there. They were there
- 15:52Speaker 1: every day. You know, some of you may have seen
- 15:56Speaker 1: images where CBS representatives were in these committee hearings, which
- 16:04Speaker 1: now in Tennessee there's summer rules about what you can
- 16:06Speaker 1: do and not do as you want to display your
- 16:09Speaker 1: support or opposition on a build that they were in
- 16:11Speaker 1: full scarves that look like where's Waldo scarves? Red and
- 16:15Speaker 1: white scarves everywhere, And so we even had this question
- 16:19Speaker 1: of you know, many associations might have one hill day
- 16:23Speaker 1: right where we get everybody down to the capital make
- 16:26Speaker 1: our pitch. We were almost thinking like do we need
- 16:29Speaker 1: to start doing many hill days. And now on our effort,
- 16:32Speaker 1: we kind of did it. In some regard, we had
- 16:35Speaker 1: a lot of support from some of our other chain
- 16:37Speaker 1: partners that were not directly influenced. So yes, we had
- 16:41Speaker 1: one chain working with us one week and then the
- 16:44Speaker 1: next chain would come the next week. So we kind
- 16:46Speaker 1: of had a cascade approach in that regard outside of
- 16:49Speaker 1: what we were regularly doing and what our members were doing.
- 16:53Speaker 1: So you had it was a team approach for sure,
- 16:58Speaker 1: but the opposite, the oppositeosian. They were in full force
- 17:02Speaker 1: as an army that they had.
- 17:04Speaker 2: I mean massively. I say this all the time. You know,
- 17:06Speaker 2: my kids loved your mind you that I say the
- 17:08Speaker 2: same thing over and over again. Right, but it's it's
- 17:11Speaker 2: hard to pass any bill, right, Like you know, to
- 17:14Speaker 2: take the most innocuous bill and it's hard to pass it.
- 17:16Speaker 6: And you guys move some you know, move something.
- 17:19Speaker 2: Through with that much opposition, I think, obviously testament to
- 17:23Speaker 2: the work you've done, the strategy you've done. But it also, boy,
- 17:28Speaker 2: it makes it makes it makes me feel optimistic, that
- 17:31Speaker 2: sort of winds of change, right.
- 17:32Speaker 6: Like eyes are opening.
- 17:34Speaker 2: And when you go back to twenty eighteen, and you know,
- 17:36Speaker 2: you had these you know, these giant insures and ppms,
- 17:41Speaker 2: and you know they were merging and you know, they
- 17:43Speaker 2: were getting more vertically integrated. And then obviously you've got
- 17:46Speaker 2: the work of the FTC and you know Arkansas. Now
- 17:49Speaker 2: now you guys, and I'm optimistic that we're going to
- 17:51Speaker 2: see you know, patients before monopolies reintroduced at the federal
- 17:55Speaker 2: level as well. You know, and you may not have
- 17:58Speaker 2: had a chance to really reflect on this, you're just
- 18:00Speaker 2: coming off a big fight. But do you think this
- 18:02Speaker 2: touches you know, do you think this this builds momentum
- 18:05Speaker 2: for federal and other states?
- 18:07Speaker 1: And yeah, you know, I think probably some of your
- 18:10Speaker 1: listeners were just out in d C for the NCPA
- 18:14Speaker 1: congressional fly in or another fly in, and we had
- 18:18Speaker 1: a pretty good contingency once again from Tennessee and and
- 18:21Speaker 1: met with almost all of our congressional delegation. And not
- 18:25Speaker 1: only were we hearing it from our congressional delegation about
- 18:29Speaker 1: there what they're hearing, and they were hearing they were
- 18:32Speaker 1: well informed on this. I think I also heard that
- 18:35Speaker 1: the opposition was pushing on them to try to get
- 18:40Speaker 1: involved in the state politics. Of what was going on.
- 18:42Speaker 1: But we definitely heard from other contingencies, other areas of
- 18:46Speaker 1: the country that their legislators, their members of Congress were
- 18:49Speaker 1: well aware of what's going on in Tennessee. You know,
- 18:52Speaker 1: I do think there'll there'll be a few more states
- 18:55Speaker 1: that will likely look to pass something in the next year.
- 18:59Speaker 1: And then the question is like, what's that threshold, you know,
- 19:02Speaker 1: how many more dominoes need to fall before before Congress
- 19:05Speaker 1: acts or the FTC for that matter. But I might
- 19:10Speaker 1: actually put more hope in Congress acting before we see
- 19:14Speaker 1: really some honest movement out of the FTC. But you
- 19:19Speaker 1: can probably speak more of that issue. But but yeah,
- 19:22Speaker 1: I do think there is a lot of momentum. I
- 19:26Speaker 1: definitely have kept my counterparts in other states well informed.
- 19:30Speaker 1: I know John in Arkansas, and I work quite diligently
- 19:35Speaker 1: to assist and help inform our colleagues to say, what's worked, Well,
- 19:39Speaker 1: how do you plant these seeds right that we've talked about,
- 19:42Speaker 1: Because it doesn't just happen overnight, you guys, and I'm
- 19:45Speaker 1: saying this to all the listeners, It does not happen overnight.
- 19:49Speaker 1: This this has definitely been years in the making, So
- 19:52Speaker 1: you've got to make sure the right seeds are planted.
- 19:55Speaker 1: Sometimes you need a little luck, you need some stars
- 19:57Speaker 1: to align. But very very fortunate for the amount of
- 20:02Speaker 1: support that we've had from our legislators to make this happen.
- 20:06Speaker 2: And now it's just what's next, you know, Yeah, And
- 20:10Speaker 2: you know, you know, it's so interesting to me. I'm
- 20:12Speaker 2: starting to get calls and have conversations with folks who
- 20:14Speaker 2: are in the healthcare sphere, right, but not necessarily in
- 20:17Speaker 2: the pharmacy sphere. And you know, we're in a world
- 20:19Speaker 2: now where the insures or some of the largest employer
- 20:22Speaker 2: of physicians and they owned clinics, and you know, obviously
- 20:26Speaker 2: PBMs and insures are vertically integrated. And so I just
- 20:31Speaker 2: think it's an exciting time. You know, back I remember
- 20:34Speaker 2: opposing mergers at like the state level, back when it
- 20:37Speaker 2: was you know, back when like folks like opened the
- 20:39Speaker 2: door and felt like, oh my god, vertical integration. It's
- 20:42Speaker 2: going to save money and it's going to reduce costs.
- 20:44Speaker 2: And it feels to me with what Arkansas now Tennessee
- 20:49Speaker 2: has done is like it feels sort of like a
- 20:51Speaker 2: paradigm shift moment now, right, And it's like the jury
- 20:54Speaker 2: is out all of these, you know, everything that pharmacy
- 20:58Speaker 2: and healthcare providers have been kind of warning about. Right
- 21:01Speaker 2: eyes are being opening, and I think I'm optimistic. I
- 21:04Speaker 2: think this is going to build momentum for you know,
- 21:07Speaker 2: similar to legislation at the federal level. And I also
- 21:10Speaker 2: think that this could be a catalyst for tackling vertical
- 21:13Speaker 2: integration and healthcare beyond just the pharmacy PBM.
- 21:16Speaker 6: Relationship and started looking at the.
- 21:18Speaker 2: Insure and the PBM, or the insure and the physician
- 21:23Speaker 2: groups or the clinics or the whole healthcare.
- 21:26Speaker 1: So yeah, yeah, I mean we saw a fair amount
- 21:29Speaker 1: of I would probably call retaliation bills that you know,
- 21:33Speaker 1: I think if I was the other side. One of
- 21:36Speaker 1: the things given we were talking about the amount of
- 21:38Speaker 1: lack of people we have and compared to what they have.
- 21:41Speaker 1: You know, one strategy we talked about like, if I
- 21:43Speaker 1: was the other side, I'd be throwing a ton of
- 21:46Speaker 1: other bills out there that made us play defense on
- 21:49Speaker 1: and that kind of happened. There was a few that
- 21:52Speaker 1: we had to also say at the same time, as
- 21:54Speaker 1: we're pushing this, we strongly oppose these or we like
- 21:57Speaker 1: some components here, but we want to talk in flesh
- 21:59Speaker 1: thas out there, but yeah, I mean we I think
- 22:02Speaker 1: any state also deals with that as well, and I
- 22:05Speaker 1: think that's probably more likely going to happen, not just
- 22:09Speaker 1: for us in Tennessee moving forward, but I'm sure a
- 22:11Speaker 1: lot of other states is like, you're going to see
- 22:13Speaker 1: the bombardment of more retaliation type bills that may almost
- 22:17Speaker 1: play defense until you can see some of this newment.
- 22:21Speaker 1: I mean, it's it's a whole other strategy. I'm sure
- 22:23Speaker 1: the opposition is working through.
- 22:25Speaker 2: Yeah, absolutely, I think that's a good point. I want
- 22:28Speaker 2: to digress a little bit too. This may be not
- 22:30Speaker 2: not as exciting, but you know, obviously everybody's everybody's looking
- 22:35Speaker 2: at like what you've done with this massive piece of legislation.
- 22:37Speaker 2: But on any given year, state associations are engaged in
- 22:42Speaker 2: so many what may be seemingly mundane bills, right, but
- 22:45Speaker 2: it can impact the practice of pharmacy or can impact
- 22:49Speaker 2: patient care. And you know, through while you're fighting this
- 22:52Speaker 2: big fight, right you're still having to do that work.
- 22:56Speaker 2: And without a strong association, so many of those those
- 22:59Speaker 2: bills go un answered.
- 23:01Speaker 1: Right now, it's very well well brought. We're well brought
- 23:06Speaker 1: on point Greg, I mean I think we, gosh, not
- 23:09Speaker 1: any given year, at least Tennessee, we're probably monitoring eighty
- 23:12Speaker 1: to ninety bills right some and just kind of given
- 23:15Speaker 1: our political process, some of these are filed is what's
- 23:17Speaker 1: called caption bills. They're like placeholder bills, and you don't
- 23:20Speaker 1: even know the language until the language officially dropped in
- 23:24Speaker 1: the committee and you're like, holy cow, what do we do?
- 23:27Speaker 1: What does this mean? What's the implications? Not every state
- 23:30Speaker 1: does that, but the opposition is doing those kind of
- 23:34Speaker 1: things right, and so we have to play defense at
- 23:36Speaker 1: the same time be ready to play offense. But gosh,
- 23:41Speaker 1: I last year alone, I remember having a whole lot
- 23:43Speaker 1: of bills like that that were like what is going on?
- 23:46Speaker 1: Like there's bills around trust and public health messaging that
- 23:50Speaker 1: potentially could have prevented pharmacists from even having a basic
- 23:53Speaker 1: conversation with a patient about AWFU labeled use of medicines
- 23:57Speaker 1: that would have been detrimental to how we work can
- 24:00Speaker 1: communicate with providers and patients about awful able use and dosing.
- 24:04Speaker 1: It's it's wild some of the things that you've got
- 24:07Speaker 1: to be ready for.
- 24:08Speaker 2: Well, you know, I suspect We're going to have a
- 24:10Speaker 2: lot of listeners you know here who are already engaged
- 24:13Speaker 2: with their state association. But I suspect, you know, because
- 24:17Speaker 2: this is such so big, so significant, we're gonna have
- 24:19Speaker 2: a lot of a lot of pharmacists and probably other
- 24:21Speaker 2: healthcare providers who may not be engaged with their associations.
- 24:24Speaker 2: I think this is a you know, while we have
- 24:26Speaker 2: their attention, it's a great opportunity to remind them of
- 24:29Speaker 2: the work that you do, you know, all year around,
- 24:33Speaker 2: in every session, even when you're not you know, fighting
- 24:36Speaker 2: just a monster bill or pushing a monster bill, and
- 24:40Speaker 2: so you know, there can be all sorts of implications.
- 24:43Speaker 2: So great opportunity to remind folks to be engaged with
- 24:46Speaker 2: their state association because that that is the best way
- 24:49Speaker 2: to shape, you know, their practice and shape their profession.
- 24:54Speaker 6: I want to be respectful of your time.
- 24:55Speaker 1: I know you're probably doing one hundred of these right now,
- 24:57Speaker 1: just but I.
- 24:58Speaker 2: Think folks would be interesting just to hear us sort
- 25:00Speaker 2: of what is so we talked about what, you know,
- 25:02Speaker 2: what your opposition was like, what is your what does
- 25:05Speaker 2: the association's team look like?
- 25:07Speaker 3: Right?
- 25:08Speaker 2: You know, associations are obviously do not have the money
- 25:11Speaker 2: of the you know, of the PBMs and the insurers,
- 25:15Speaker 2: and they're affiliated pharmacies.
- 25:19Speaker 1: About just your structure, Yeah, I mean once you've seen
- 25:21Speaker 1: one state pharmacy association and kind of seeing one, and
- 25:25Speaker 1: I think we all have some great ways of how
- 25:27Speaker 1: we operate and engage. But we're a small but mighty
- 25:30Speaker 1: team here in Tennessee. We're a staff of five full
- 25:34Speaker 1: time staff. One is kind of a full grant funded position,
- 25:38Speaker 1: and we have three part timers. So we're we're a
- 25:42Speaker 1: small but mighty team. And you know, we myself as
- 25:46Speaker 1: one of our lobbyists, and then we contract out with
- 25:50Speaker 1: a part time contract a multi client contract lobbyist. But yeah,
- 25:55Speaker 1: it's kind of who we are. We're probably a little
- 25:57Speaker 1: bigger than some, but not as big as others as well.
- 26:01Speaker 1: But yeah, I think for us, we're we're very strong
- 26:04Speaker 1: in the fact that we are a big group that
- 26:06Speaker 1: brings all pharmacy practitioners together across the spectrum of care.
- 26:10Speaker 1: Not every state is organized like that. So we have
- 26:12Speaker 1: members in your large large, large health systems to small
- 26:16Speaker 1: critical access hospitals, national chains, grocery chains, independently owned long
- 26:21Speaker 1: term care, home infusion, nuclear pharmacy, managed care. We've got
- 26:25Speaker 1: them all and we build a bus to bring them
- 26:28Speaker 1: all together. Yeah, I mean you're I said.
- 26:31Speaker 2: One of the things I've always noticed admired about your
- 26:33Speaker 2: style is is you know, like you're very deliberate in
- 26:36Speaker 2: what you do. When you build a big tent, right,
- 26:38Speaker 2: like you're very inclusive and you collaborate.
- 26:42Speaker 1: You have to know, it's a really impressive way. One
- 26:45Speaker 1: of the things I think that really helps serve us well.
- 26:47Speaker 1: And Greg, I think you're you're well aware of this.
- 26:49Speaker 1: And some of the calls we have is I call
- 26:52Speaker 1: it our team Tennessee Pharmacy calls. Once a month we
- 26:55Speaker 1: bring together all the government affairs folks from the different
- 26:59Speaker 1: stakeholder groups just to say, hey, we're all limited in
- 27:03Speaker 1: our capacity. So here's what the association is doing, how
- 27:07Speaker 1: we can get the job done. But here's where we
- 27:09Speaker 1: need help from these different organizations. That I think helped
- 27:13Speaker 1: us dramatically. We built these relationships with the right parties
- 27:17Speaker 1: coming into this, and it really helped us say Okay,
- 27:20Speaker 1: now here's where I need you to help with this.
- 27:23Speaker 1: Here we go, let's just get with direct the traffic
- 27:26Speaker 1: and get the job done. In the end, so very
- 27:29Speaker 1: very important.
- 27:30Speaker 6: Yeah, first, the way you did that.
- 27:33Speaker 5: I have a question for either of you, and I'm
- 27:35Speaker 5: just curious. CBS Health keeps publicizing that if they can't
- 27:44Speaker 5: be the insurance company, then they're going to have to
- 27:47Speaker 5: close pharmacies. However, independence and regional chains and grocery store
- 27:53Speaker 5: pharmacies that are out there are in operation without owning
- 27:57Speaker 5: an insurance company. So can someone tell me what they
- 28:01Speaker 5: tell legislators is the true reason that if they're not
- 28:05Speaker 5: ensure that they're not going to be able to practice pharmacy.
- 28:09Speaker 5: Because everybody on this podcast episode knows that that's a
- 28:15Speaker 5: bunch of malarkey. But what are they peddling or positioning
- 28:20Speaker 5: to try to get people to believe that?
- 28:22Speaker 1: Oh god, So there's been a few talking points that
- 28:24Speaker 1: I've seen todd from what they were using. I mean,
- 28:28Speaker 1: one approach that they were taking is just top to bottom,
- 28:31Speaker 1: like the entire location, the four walls of the CBS
- 28:35Speaker 1: location will close, which you know, this bill, like we've said,
- 28:40Speaker 1: targets the board of Pharmacies process and licensing the pharmacy.
- 28:43Speaker 1: So they basically are admitting that the pharmacy if the
- 28:47Speaker 1: pharmacy in the back corner closes or changes ownership structure,
- 28:51Speaker 1: the rest of the building can't function. So like they
- 28:53Speaker 1: had members of their minic clinic staff coming in testifying
- 28:57Speaker 1: they're going to lose their positions, front end staff, warehouses
- 29:01Speaker 1: that they operate in the state are all going to
- 29:04Speaker 1: close doors. So it's been very interesting kind of their
- 29:08Speaker 1: scare tactics that they were using this year. But you know,
- 29:14Speaker 1: it is it is interesting too because we saw some
- 29:16Speaker 1: of their testimony from some of their pharmacy team members
- 29:21Speaker 1: almost I guess, in ignorance to understanding that CBS itself
- 29:26Speaker 1: deals with other PBMs too, Like their their pharmacy staff
- 29:30Speaker 1: was like oblivious that PBMs exist and that the company
- 29:34Speaker 1: needs to even do business with other PBMs. It was
- 29:37Speaker 1: really alarming that that was the type of strategy that
- 29:41Speaker 1: they used in their messaging, acting like PBMs just don't
- 29:45Speaker 1: exist and they're not a problem. So it was it
- 29:48Speaker 1: was interesting.
- 29:49Speaker 2: Yeah, you know, Todd, in the legal world, there's a
- 29:53Speaker 2: there's an expression called parade of horribles, right and you
- 29:56Speaker 2: know in state capitals, I would just liken it to
- 29:59Speaker 2: the sky is falling right like, and that plays out
- 30:03Speaker 2: in every state capital. On PBM reform, you know to
- 30:06Speaker 2: some varying degree, right, you know, if if patients get
- 30:10Speaker 2: the benefit of the rebate, they claim premiums are going
- 30:12Speaker 2: to go up. If you know they're not ability, they
- 30:15Speaker 2: don't have the ability to set prices or they don't
- 30:17Speaker 2: have the ability to steer, they claim costs are going
- 30:19Speaker 2: to go up, and over and over and over again.
- 30:21Speaker 2: The data tells a very very different story. I think,
- 30:25Speaker 2: you know, the legislation that Anthony and Tennessee ran this
- 30:28Speaker 2: year again for them as an existential threat to just massive,
- 30:31Speaker 2: massive profits. And so I think a lot of the
- 30:34Speaker 2: talking points you know that I heard was very much
- 30:37Speaker 2: the sky is falling parade of horribles and just kind
- 30:40Speaker 2: of trying to scare legislators into inaction.
- 30:46Speaker 1: Well I love that review.
- 30:49Speaker 5: Once again, Anthony, congratulations on such a massive win. And
- 30:56Speaker 5: you know, when you have somebody like the State of
- 30:59Speaker 5: Arkansas painting that you can't be an insurer and owned pharmacies,
- 31:04Speaker 5: and now Tennessee does it, it's almost the buddy system
- 31:08Speaker 5: where other organizations and other states and other legislators are
- 31:11Speaker 5: going to start looking a lot deeper into this when
- 31:14Speaker 5: you have more than just one that are doing it.
- 31:17Speaker 5: And I cannot wait to interview the next state Pharmacy
- 31:21Speaker 5: Association executive, the CEOs out there of my own state,
- 31:25Speaker 5: Pennsylvania or Ohio or New Mexico or something that we
- 31:30Speaker 5: can celebrate again to say, Hey, an insurance company that
- 31:35Speaker 5: does steering and does pricing, favoritism and does everything that
- 31:40Speaker 5: we know that they're doing that, they're just not going
- 31:42Speaker 5: to be able to do that anymore because you can't
- 31:44Speaker 5: own a pharmacy and be the insurance company. I think
- 31:48Speaker 5: this is wonderful.
- 31:51Speaker 1: Well, thank you guys. I really appreciate you helped amplifying
- 31:54Speaker 1: the news and for all the support for both of you,
- 31:58Speaker 1: I know and those listening. Like I've said, it's been
- 32:01Speaker 1: a team effort. All boats are going to rise because
- 32:05Speaker 1: of this, and that's what we hope. So we're here
- 32:08Speaker 1: to be a resource. If there's those listening that need
- 32:11Speaker 1: better connections with your local state association, please let me know,
- 32:15Speaker 1: happy to make those connections, and.
- 32:18Speaker 2: He means that, which I think is neat Well, Anthony, again,
- 32:22Speaker 2: thank you for doing this and you just have a
- 32:25Speaker 2: lot to be proud of. I do hope you get
- 32:27Speaker 2: some rest. I know you're overdue, but you know you
- 32:31Speaker 2: did something special here, and I think healthcare and the
- 32:33Speaker 2: structure of healthcare moving forward.
- 32:35Speaker 6: Is going to be better for it. So you've done
- 32:36Speaker 6: amazing work.
- 32:38Speaker 1: Thank you both. Thank you.
- 32:40Speaker 5: Hey, you were listening to the latest episode of the
- 32:42Speaker 5: PBM Reform podcast. Do us a favor and share this
- 32:46Speaker 5: episode with the state legislator, Share this with a fellow
- 32:51Speaker 5: health and human services professional. Share this with another pharmacist
- 32:55Speaker 5: out there that may not understand the intricacies and the
- 32:58Speaker 5: impact the PBM reform is going to have on our
- 33:01Speaker 5: national healthcare system. Thank you so much for listening. Greg,
- 33:05Speaker 5: Thanks for letting me be on your show.
- 33:07Speaker 1: Are you kidding?
- 33:09Speaker 6: Thank you, Thank you for all you do. Todd appreciate
- 33:11Speaker 6: you so much.
- 33:12Speaker 5: All right, Anthony, we will talk to you soon. Hope
- 33:14Speaker 5: to see you at a conference coming up.
- 33:17Speaker 1: Sounds great.
- 33:17Speaker 2: Thanks to Take a break, man, Go take a break.