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#1 User is offline   Liz 

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  Posted 15 May 2019 - 11:42 PM

Why Is AARP Opposing Trump’s Efforts To Lower Prescription Drug Prices?

HotAir
Jazz Shaw
Posted at 6:31 pm on May 15, 2019

Excerpt:

What is the AARP up to these days? One of the bigger disasters coming from the more general disaster of Obamacare was the abject failure of the program to rein in rising costs for prescription drugs. In fact, as we’ve discussed here in the past, price increases accelerated after the program went into effect. But the reasons for why prices keep climbing are complicated. One factor is the practice of having pharmacy benefit managers (PBMs) at healthcare organizations who are able to select which drugs are included on their list of medicines that are covered by their healthcare plans.

Obviously, drug manufacturers are eager to have their drugs appear on these lists and they pay kickbacks to the PBMs. (They call them “rebates.”) This drives up the total costs and the net effect is your prescriptions cost more. The administration is trying to change the rules via Health and Human Services to end these kickbacks, but AARP sent in their own comments opposing the rule change. They claim that it’s not the fault of the PBMs, but the pharmaceutical companies themselves. But there’s a catch to this story. As the Daily Caller points out, AARP may have an ulterior motive here. They’re in a partnership with one of the biggest PBMs out there and it earns them hundreds of millions in royalties.

Philadelphia-area pediatrician Marion Mass, co-founder of Practicing Physicians of America, connects AARP’s stance to its partnership with UnitedHealth Group (UHG), which runs PBM Optum Rx.

“AARP, in your relationship with mega PBM Optum, you’ve defined yourself as being for kickbacks that are costing the American patient money at the pharmacy counter and in hospitals. … You don’t stand for America, you stand for yourselves,” Mass told TheDCNF in a phone interview.

Much of AARP’s revenue comes from its connection to UHG. While AARP collected about $301 million in membership dues in 2017, the organization took in about $627 million in royalties from UHG that year, according to AARP’s financial statement. That’s out of a total operating revenue of roughly $1.6 billion.

As I said at the top, this is complicated, so read through the entire Daily Caller report yourself.

*snip*

Full Story
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#2 User is online   USNJIMRET 

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Posted 16 May 2019 - 12:28 AM

Why Is AARP Opposing Trump's Efforts To Lower Prescription Drug Prices?As always......follow the money.

This post has been edited by USNJIMRET: 16 May 2019 - 12:28 AM

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#3 User is offline   Rock N' Roll Right Winger 

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Posted 16 May 2019 - 04:01 AM

Probably for the same reasons why they fully endorsed Obamunistcare with the death panels?

Because the AARP is run by proggie commies.
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#4 User is offline   Currahee! 

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Posted 16 May 2019 - 06:24 AM

View PostRock N, on 16 May 2019 - 04:01 AM, said:

Probably for the same reasons why they fully endorsed Obamunistcare with the death panels?

Because the AARP is run by proggie commies.



That’s why I never joined AARP......join AMAC instead!
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#5 User is offline   RedSoloCup 

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Posted 16 May 2019 - 07:04 AM

View PostRock N, on 16 May 2019 - 04:01 AM, said:

Probably for the same reasons why they fully endorsed Obamunistcare with the death panels?

Because the AARP is run by proggie commies.


:exactly:
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#6 User is offline   USMCforever60 

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Posted 16 May 2019 - 07:23 AM

View PostLiz, on 15 May 2019 - 11:42 PM, said:

Why Is AARP Opposing Trump’s Efforts To Lower Prescription Drug Prices?

HotAir
Jazz Shaw
Posted at 6:31 pm on May 15, 2019

Excerpt:

What is the AARP up to these days? One of the bigger disasters coming from the more general disaster of Obamacare was the abject failure of the program to rein in rising costs for prescription drugs. In fact, as we’ve discussed here in the past, price increases accelerated after the program went into effect. But the reasons for why prices keep climbing are complicated. One factor is the practice of having pharmacy benefit managers (PBMs) at healthcare organizations who are able to select which drugs are included on their list of medicines that are covered by their healthcare plans.

Obviously, drug manufacturers are eager to have their drugs appear on these lists and they pay kickbacks to the PBMs. (They call them “rebates.”) This drives up the total costs and the net effect is your prescriptions cost more. The administration is trying to change the rules via Health and Human Services to end these kickbacks, but AARP sent in their own comments opposing the rule change. They claim that it’s not the fault of the PBMs, but the pharmaceutical companies themselves. But there’s a catch to this story. As the Daily Caller points out, AARP may have an ulterior motive here. They’re in a partnership with one of the biggest PBMs out there and it earns them hundreds of millions in royalties.

Philadelphia-area pediatrician Marion Mass, co-founder of Practicing Physicians of America, connects AARP’s stance to its partnership with UnitedHealth Group (UHG), which runs PBM Optum Rx.

“AARP, in your relationship with mega PBM Optum, you’ve defined yourself as being for kickbacks that are costing the American patient money at the pharmacy counter and in hospitals. … You don’t stand for America, you stand for yourselves,” Mass told TheDCNF in a phone interview.

Much of AARP’s revenue comes from its connection to UHG. While AARP collected about $301 million in membership dues in 2017, the organization took in about $627 million in royalties from UHG that year, according to AARP’s financial statement. That’s out of a total operating revenue of roughly $1.6 billion.

As I said at the top, this is complicated, so read through the entire Daily Caller report yourself.

*snip*

Full Story

Aint that complicated....it is always about money. AAPR has their nose, similar to a pig snout, deep in the govt money trough! Gotta feed da pig!
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#7 User is offline   oki 

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Posted 16 May 2019 - 10:03 AM

Last time I ever picked up one of their magazines it seemed that there was a number of adds for a certain type of product.
To Paraphrase the Church lady... know who could it be? Who could have paid for all those adds? Well I don't know hmmm maybe... BIG PHARMA!!!

Oki
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#8 User is offline   oki 

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Posted 16 May 2019 - 10:08 AM

For what it's worth...

This is a list of their biggest advertisers.
http://res.cloudinar...rtiser-List.pdf

And wouldn't ya' know it. Certain names pop up.

Oki
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#9 User is offline   Dean Adam Smithee 

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Posted 16 May 2019 - 10:24 AM

View PostUSNJIMRET, on 16 May 2019 - 12:28 AM, said:

Why Is AARP Opposing Trump's Efforts To Lower Prescription Drug Prices?As always......follow the money.

View PostUSMCforever60, on 16 May 2019 - 07:23 AM, said:

Aint that complicated....it is always about money. AAPR has their nose, similar to a pig snout, deep in the govt money trough! Gotta feed da pig!


AARP is an insurance company masquerading as a 501(c )4 "Social Welfare Organization". The more you're influenced by the ads from Big Pharma, the more "insurance" and/or "Medicare Supplements" you need to buy from AARP.

View Postoki, on 16 May 2019 - 10:03 AM, said:

Last time I ever picked up one of their magazines it seemed that there was a number of adds for a certain type of product.
To Paraphrase the Church lady... know who could it be? Who could have paid for all those adds? Well I don't know hmmm maybe... BIG PHARMA!!!

Oki

View Postoki, on 16 May 2019 - 10:08 AM, said:

For what it's worth...

This is a list of their biggest advertisers.
http://res.cloudinar...rtiser-List.pdf

And wouldn't ya' know it. Certain names pop up.

Oki


As Captain Renault from Casablanca would say, "Round up the usual suspects". And, yep, they're all on the list. Abbot, Amgen, Asrta-Zeneca, Bayer, Boehringer-Ingelheim, Genentech, Johnson&Johnson, Lilly, Merck, Novo Nordisk, plus a number of others I've never heard of.

This post has been edited by Dean Adam Smithee: 16 May 2019 - 10:26 AM

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#10 User is offline   oki 

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Posted 16 May 2019 - 12:51 PM

View PostDean Adam Smithee, on 16 May 2019 - 10:24 AM, said:

AARP is an insurance company masquerading as a 501(c )4 "Social Welfare Organization". The more you're influenced by the ads from Big Pharma, the more "insurance" and/or "Medicare Supplements" you need to buy from AARP.



As Captain Renault from Casablanca would say, "Round up the usual suspects". And, yep, they're all on the list. Abbot, Amgen, Asrta-Zeneca, Bayer, Boehringer-Ingelheim, Genentech, Johnson&Johnson, Lilly, Merck, Novo Nordisk, plus a number of others I've never heard of.



Why not? Saying one thing to the masses and vilifying group X then taking money from either group X or another group to keep the status Quo has worked phenomenally for the left for decades, why change it know? AS long as there are tens of millions of people who vote for both politicians, continue to buy the prescriptions as well as subscriptions it's all good....

Oki
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#11 User is offline   ASE 

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Posted 16 May 2019 - 04:23 PM

I noticed that the 'health - wellness' <_< group is about double the size of the others, except for the travel sites. Maybe time to check those out, too.
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#12 User is offline   GhostOfAndrewJackson 

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Posted 17 May 2019 - 10:34 PM

You can safely lump the AARP in with the ACLU, Chamber of Commerce, PETA, The Audubon Society, and the Southern Poverty Law Center: a bunch of leftist, subversive organizations.
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#13 User is offline   RedSoloCup 

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Posted 18 May 2019 - 05:38 AM

View PostGhostOfAndrewJackson, on 17 May 2019 - 10:34 PM, said:

You can safely lump the AARP in with the ACLU, Chamber of Commerce, PETA, The Audubon Society, and the Southern Poverty Law Center: a bunch of leftist, subversive organizations.


:exactly:
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