As if there’s not enough pharmacy benefit management taking place at United, the company owns Optum, RX which was formerly known as prescriptive solutions and in some areas that PBM has put some smaller pharmacy benefit managers out of business. Here’s fro…
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Here we go again. If you haven’t figured this out yet, when you buy a Cigna Health insurance policy you get a two for one with 2 insurers. Cigna provides the insurance benefits and then it’s pharmacy benefit manager, PBM OptumRX (biggest revenue sector subs…
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As we may all know Cigna is working to be acquired by Anthem, which would be a huge acquisition. As you may or may not know, Cigna’s pharmacy benefit manager now is OptumRX, the PBM subsidiary of United Healthcare. This occurred when Optum purchased Catamar…
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No word on how long before “rebranding” may take place with the name yet. Optum has already been in this business to a small degree in Texas and I believe one in Kansas so far. The link below tells you what’s going on there and I think they are up to nine …
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First question out of the barrel might be “how can that be”. It’s really not too difficult to figure out. A short while back United Healthcare bought a pharmacy benefit manager named Catamaran, and actually took on $10 billion in debt to acquire them. This…
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This should not really come as a big surprise as what hasn’t the pharmacy benefit managment business touched? So what is Patients Who Pay “Cash” When Filling Prescriptions Are Now Called “outliers, Pharmacists Required to Fix outliers as They Show Up As Non …
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Here we go again, more leveraging and the healthcare we get depends on the financials of such. Everyone thought the huge Walgreens Bond Sale last year of $8 billion was big, but this over shadows that sale of debt, and of course that’s what this is of course…
Continue ReadingI’m starting to see more doctors in Orange County selling out their practices to United Healthcare’s Optum subsidiary. Sometimes when patients go for their next appointment, in addition to see their doctor’s name on the door, it also now says OptumCare. So …
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You can read the CMS Sanctions Cigna-No More Selling Any New Medicare Advantage Policies Until Algo Problems Denying Medical Coverage and Prescription Denials Are Fixed United Healthcare Having a Big Bond Sale to Finance Purchase of Catamaran Pharmacy Benefi…
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Here’s yet one more subsidiary of the giant insurance/technology behemoth that has been created this year. This is probably du e to the fact that United/Optum just purchased MedExpress, a large chain of clinics across the US. MedExpress by the way unless it…
Continue ReadingSo let’s get down to what’s really happening here. Once upon a time the PBM models were a different type of creature but as time moved on they became less about a better and affordable price for prescriptions and more about and algorithmic machine to create …
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