Fiduciary Responsibility: The Legal Debate PBMs Can't Hide From

Fiduciary responsibility in the healthcare industry is a pressing issue, and pharmacy benefit managers (PBMs) are under increasing scrutiny. In this episode of The PUTTcast, we discuss how PBMs and their big insurance counterparts are using ERISA as a shield to avoid fiduciary accountability to employers. From the groundbreaking Rutledge SCOTUS decision to whistleblower revelations, we examine how the "fiduciary" concept is transforming the world of PBM reform and the transparency needed to make it happen. This episode is a wake-up call for employers and policymakers alike. Join PUTTcast host Lauren Young, co-host Chris Hobart, PharmD, and special guest Chris Deacon, JD, as they bring unparalleled insights into how regulatory enforcement, employer education, and data transparency are key battlegrounds in the critical fight for accountability.Episode Guest: Chris Deacon, JD, owner, VerSan Consulting, former NJ Deputy Attorney General, and past Director, NJ state health planMusic by cat_herding_diva | Production & Editing by Shannon Wightman-Girard