🚨🚨🚨 EXCLUSIVE AUDIO of senior CVS Caremark executives disparaging patients as "brand terrorists" who Tweet about poor PBM service accessing medications or score them low on satisfaction surveys.🧵1/
Audio is from a PBM Operations town hall event. Topic is a shift in methodology with the “Net Promotor Score” (NPS) which will allow CVS Caremark to minimize “detractors” to skew data towards being able to report more positive consumer satisfaction survey results. 2/
Survey design matters. $CVS Medicare Advantage product recently received a SIGNIFICANTLY LOWER govt rating driven by poor consumer survey results. CVS refuted the govt survey(by @CMSGov@AHRQNews) in SEC filing saying CVS's own internal surveys show higher + results. 3/
Note the first exec's subtle comment correction about dissatisfied patients from 'having ability' to leave to 'WANTING' to leave. This is a key point. Patients are captive PBM consumers. They do not 'chose a PBM brand'. Insurance does. They CAN'T leave. 4/
Why would insured patients score the company low & why are they & doctors increasingly turning to Twitter & other social media for help in getting medication approvals? And does this really constitute "brand terrorism"? Let's look at their motivations. 5/
Here’s the father of a 19-year-old, now sadly in end-of-life care. During a recent 51-day hospitalization the parent's got a letter from CVS Caremark denying the daughter's seizure medication she’s been on for 17 YEARS. Is this dad a “brand terrorist” for Tweeting about it? 6/
Or this sister of woman w/ pancreatic cancer who had her enzyme medication she needs to digest food denied by CVS PBM. When out of desperation she reached out to @mcuban on Twitter begging for help even though the drug isn’t generic, was she merely a "brand terrorist"? 7/
What about all these insured patients who recently couldn’t access their medications. Is a desperate patient who simply needs their medication & has nowhere else left to turn but cast a plea into the dark void of social media a “terrorist”? 8/
Or, maybe these patients are the "brand terrorists"? Plenty of examples & this is just Twitter, it's all too common across all social platforms. Patients turn to social media because they feel powerless & they are literally crying out for help. 9/
Or what about these heart patients—all consumers who despite PAYING PREMIUMS💵 & having coverage still couldn't access the life-saving medication their doctor prescribed & were terrified of stroke or DVT/PE--does that makes them a “terrorist” if they speak up & Tweet about it?10/
Or maybe these doctors? If they advocate for their patients on Twitter so that their patients can simply get the medication they prescribe, are they PBM “terrorists” too? 11/
Or maybe these doctors? When their heart patients had their anticoagulant non-medically switched by CVS Caremark & adverse strokes & bleeds resulted in previously stable patients, should they have remained politely silent or are they “terrorists” for advocating on Twitter? 12/
I rarely tweeted until this year. Not until CVS Caremark non-medically switched me from the anticoagulant I’d been stable on for 8 years did I turn to Twitter for help for myself & for others. Do "terrorists" get published in medical journals?🤔 13/ onlinelibrary.wiley.com/doi/full/10.10…
I & the 150,000 heart patients who had our long time blood thinner dropped by CVS Caremark are not “brand terrorists”. We simply wanted the medication our doctors prescribed so we didn’t have a stroke or clot. Now I want patient protections to prevent such harms. That bad? 14/
When 19 cardiovascular nonprofits could not convince CVS Caremark to do the right thing for heart patients, what other choice did powerless patients have but to share stories online in the hopes our pleas would be heard? My gosh strokes & bleeds were happening! 15/
CVS Caremark made a dangerous formulary decision resulting in adverse events & despite being warned, they proceeded because it was profitable & reversed it only after an outcry, partly on Twitter. 👉Federal investigation is warranted & protections MUST be enacted. @SenFinance 16/
If not, it WILL happen again. Without strong consumer protections, patient safety is at risk!!! PBMs have demonstrated they will not put patients first if left to self-policing. We are mere data points for profit. @FTC 17/
PBMs have taken steps to silence patients, physicians & pharmacists who are vocal on social media, reporting content & accounts for 'violations'. Don't like the message, get rid of the messenger. Even clear humor such as @DGlaucomflecken is not immune. 18/ managedhealthcareexecutive.com/view/how-a-for…
How can there be NO federal protections preventing a PBM from changing the medication a patient has taken for years & doing well on over the prescribing advice of their physician? Seriously. How is this legal? Ban all non-medical switching. Just do it. It's common sense. 19/
How can there be NO consumer protections preventing PBMs from forcing patients to try & fail multiple drugs they get kickbacks on before they can take the one their doctor wants? Know what failure on a blood thinner looks like? Stroke, PE or bleed--all potentially fatal. 20/
Why then might folks object when seeing the company's leadership throw themselves lavish private celebrity concerts with record billion $ profits while simultaneously denying premium paying patients medications? Yet if we Tweet about it, we're "brand terrorists"?🤦♀️21/
Congress is failing to address PBM reform without ever calling patients to testify.
The PBM execs have spoken.
The pharma execs have spoken.
Since apparently the only public platform patients have is social media, let me give an example how patients are being harmed.
🧵1/
Patients are caught between PBMs & pharma. Let's use as example a drug class so effective & popular they are the #1 (Eliquis) & #3 (Xarelto) federal drug expenditures. Even @JoeBiden & multiple members of Congress take them: anticoagulants aka 'blood thinners'. 2/
Here's my last receipt for Eliquis.
Retail price = $ 713.33
Per recent Senate testimony, cost of production (1 month supply) = $ 1.50
Lifesaving. Used to treat/prevent blood clots such as DVT/PE & stroke caused by afib. Yet affordable only w/ good insurance coverage. 3/
🚨EXPOSED🚨
$CVS manager admits: “I don’t give a f*ck about this G-D job”.
PBMs determine WHICH drugs we can access, WHERE & their COST. Imagine being a patient forced to obtain critical medications only from this pharmacy.🧵1/
(Warning: video contains offensive language.)
For patients, the video's less-than-professional pharmacy environment simply reflects a final indignity faced when acquiring prescription drugs & vaccinations. There's often not the consumer freedom to go elsewhere. This MUST change as vertical corp integration rises. 2/
Corporations like CVS Health have a fiduciary responsibility to shareholders, not to patients. They can per federal regulatory blessing steer patients to patronize other businesses they own & to formulary drugs w/ the highest profit margin they get kickbacks on from pharma. /3
1 in 4 people die from clot related conditions. Anticoagulants treat/prevent. Yet insurer PBMs routinely put up barriers to these effective, life-saving drugs. Adverse events result. 🧵@linakhanFTC @BedoyaFTC @HELPCmteDems @GOPHELP @RebeccaDRobbins
Anticoagulants MUST be added to @HHSGov @CMSGov protected drug class! Given their importance to prevent clot & inherit risks in this medication class, namely bleeding, this MUST be done ASAP @BrooksLaSureCMS to protect patients. PBMs are unqualified to manage anticoagulation.
Additionally, these dangerous PBM tactics used to reduce patient access to effective clot preventing anticoagulants are well known & documented, but despite pleas we are still waiting for basic patient protections. Time for HHS, FTC & Congress to act! onlinelibrary.wiley.com/doi/10.1002/rt…
New GAO report on drug rebates leaves no doubt that PBM formulary placement & utilization management decisions are NOT influenced by efficacy, safety, or medical need---as we've been told. Rather $$$ gao.gov/products/gao-2…
"All plan sponsors and drug manufacturers had rebate agreements where manufacturers offered rebates for their drug based on the condition that competitor drugs be subject to restrictions in order to limit their utilization." Wow, think about how that motivates PBM decisions.
The #1 drug for adverse events, anticoagulant class= 17% rebates, 10% expenditures, 3% utilization. Are we really OK with a risky drug class's selection & management being determined not by clinical judgement alone but by non-transparent corporate financial considerations?
.@SenTedBuddNC In today's @GOPHELP you asked PBMs about their rationale for how how formulary placement impacts patients ability to fill prescriptions from their doctors. You were told it was based on clinical evaluation. This is not true. I have the evidence to prove it.
I & 150,000 stable heart patients at risk for stroke & clot were forced off our long time medication by the largest PBM against our doctors wishes. 17 nonprofits said it was dangerous, largest cardiology nonprofit drafting clinical care guidelines met multiple times w/ the PBM.
It was only after 6 months of increasing news stories & social media of adverse events (strokes & bleeds) began getting shared more widely (some among your constituents in NC) that the PBM finally reversed their decision & added the drug back to national formulary.
The private John Legend concert CVS Health hosted (despite restrictive formularies, non-medical switching & denying patients medication access due to cost) was just the icing on the cake CVS leaders enjoyed this week in Orlando. Let's take a peek at good times on patient dime...
Disney Epcot. LOTS of Disney photos floating around social. Reddit says some CVS 'leadership experience' attendees were given spending money for Epcot because it was a 'team building exercise'. 🤔
Conga!!!! What's a Florida corporate retreat with a conga line?