The Rebate Racket: Why Employers Are Still Getting Fleeced (Ep. 35)

Ralph Weber is joined again by PBM insider Rachel Strauss to deconstruct how rebate programs have evolved into hidden commissions and cost traps. Learn how to avoid rebate mirages, leverage 340B strategies, and spot the telltale signs your PBM is profiting more than they should. 00:00 Introduction to Pharmacy Benefits and Rebates 02:39 The Evolution of Rebates in Healthcare 07:08 Understanding How Rebates Work 10:12 The Importance of Net Cost Tracking 15:28 Exploring Alternative PBM Models 18:17 Understanding Fiduciary Responsibility in PBM Contracts 19:01 The Role of Prior Authorization and Step Therapy 24:48 Navigating Pharmaceutical Pricing and Transparency 26:53 Quick Wins for Employers in Pharmacy Benefits Management Guest: Rachel Strauss | rachelmstrauss.com | LinkedIn: linkedin.com/in/rachelmstrauss | Email: [email protected] Host: Ralph Weber | [email protected] | Phone: (832) 924-3330 | Website: fixmybenefitsnow.com | Schedule a FREE consultation with Ralph: bit.ly/4i8Zpsw