35 Burst results for "Express Scripts"

The Hidden Force Shaping Drug Prices

The Pulse

04:10 min | 7 months ago

The Hidden Force Shaping Drug Prices

"Soaring prescription. Drug prices are raising the cost of healthcare and have many patients either struggling financially or abandoning treatment and many experts. Put some of the blame on pm's so what exactly are pharmacy benefit managers. And how did they get to be so powerful. Liz tongue starts us off the more read about pharmacy benefit managers. The more they make me think of this fictional bad guy from the movie. The usual suspects heiser soza. Here's kevin spacey in the movie explaining who sows as be turkish. Say father was german. Nobody ever believed was real. Nobody ever knew him or sell anybody that ever worked directly for him but to hear kobe. Aussitot it anybody could have worked for. You never knew that was his power. Kaiser suze is mysterious larger than life and a big part of his power comes from the fact that no one quite knows who he is or the extent of his control which is kind of like pharmacy benefit managers or p. b. m.'s. Most people haven't heard of them and yet they wield a huge amount of power to the point that they affect just about every drug dispensed in the us. Every time you pick up a prescription. You're dealing with a ppm for example. Let's say you go into your local drugstore. walk up to the counter and give them your info and prescription. Yeah i'm going to pick up a couple scripts the pharmacy tech punches buttons. And then there's this moment you stare at the register waiting for the price to pop up wondering helmet dent. Is this going to put in my wallet. It's one hundred sixty six dollars and eighty cents the in a nine at sixty eight eighteen. Those are both through. Your shorts that to me seemed like a lot. I asked the pharmacist. How much most people pay for a month's prescription but depending on the insurance so people pay nothing's people player dollar up to like twenty dollars. Or whatever. So really just depends. I feel like. I never know what to expect when it comes to prescription prices but the surprising thing i learned is i am not the only one and the pharmacist has no idea what he or. She's going to get paid for that prescription. It's not until that prescription is processed and that that usually takes place in real almost in real time while the patient's waiting that's doug hoy ceo for the national community pharmacists association. Doug says this transaction is shaped by that unseen force the p. b. m.'s. They are the consummate middle man. The middleman between the pharmacy and the insurance companies these days. Pbs are huge. If you flip over your insurance card you'll probably see one of three names. Cbs care mark. Optum are ex or express scripts these three companies control seventy to eighty percent of the market. They say their size gives them the power to negotiate bigger discounts with the drug companies. And that in turn reduces prices for the insurance companies and the patients but critics say these are too big they've been called hidden monopolies even quote unquote legal cartels. But doug says that's not help he started out at first. The pm's were really plan prescription processors and so they filled kind of an important need patience before had to file their own claims In a sort of a pain meaning that instead of standing at the pharmacy counter waiting for the tech to punch a few buttons patients had to send their actual paper your prescription claims to their insurance companies and wait to get reimbursed but as more people got health insurance the number of claim skyrocketed soon. It was more than the insurance companies could handle. A solution came at the end of the nineteen sixties in the form of pharmacy benefit managers. Who made it their mission to handle and streamline all that

Liz Tongue Heiser Soza Kaiser Suze Kevin Spacey Doug Hoy National Community Pharmacists Kobe Doug PBS United States CBS
With a New Sleep-Aid Drink, Pepsi Tackles Coronasomnia

Business Wars Daily

03:03 min | 1 year ago

With a New Sleep-Aid Drink, Pepsi Tackles Coronasomnia

"Americans are getting far less sleep than we ever have. We were already a nation of insomniacs before covid nineteen created so much chaos. Now, apparently, even fewer of us are getting enough shut eye. So help is coming from a highly unusual source pepsico. That's right. One of the nation's biggest caffeine purveyors now wants to help us get to sleep last week. Pepsi introduced a new bedtime drink intended to provide some. Relief called drift. Well, it's a blackberry lavender drank contains two chemicals said to be relaxing magnesium and an amino acid called L. CNN. Pepsi will begin selling drift well online at the end of the year and in stores and twenty, twenty one but you better start saving your pennies now. So called functional drinks, those containing vitamins, minerals, proteins, and other supplements cost a lot more than your average soda when drift well hits the market, a ten pack of the seven and a half ounce cans will set you back eighteen bucks. Pepsi says it began developing drift well, last year after an employee up the idea during an internal pitch competition no reports on whether that employees can't sleep. So drift well predates the corona virus, but it's release is well-timed with what sleep specialists now say is an epidemic of insomnia. The draft accompanying the pandemic is so widespread that some specialists are calling pandemic do sleeplessness Coronas Omnia the Washington. Post reports insomnia has long been a plague on our lives prior to the pandemic ten to fifteen percent of Americans suffered from chronic insomnia according to the. Post that's the inability to fall asleep or stay asleep at least three nights a week for three months or more well now, those numbers are even higher although studies aren't yet conclusive on just how much higher they are but consider this prescriptions for sleep AIDS jumped fifteen percent from mid February to mid March according to data from express scripts reported by the Post and of course, his problem surge. So to do the markets for solutions, the market for sleep AIDS, is currently worth a billion dollars in growing quickly according to data provided by Pepsi. And why shouldn't the soda giant get a piece of that? Indeed as we've reported here before Pepsi has been diversifying for many years forging a healthier and more profitable path forward soda consumption declines as CNN noted in twenty-six. Pepsi Acquired Kabukicho Maker Kavita two years. Later it bought Health Warrior, a maker of plant based energy bars, and it has added protein powders to some of its line of gatorade energy drinks. Not, to be outdone, rival coke is also bought a combined shoemaker. It's lines of bottled water and sparkling waters are doing well to cocoa also has acquired honest tea and it has long been the owner of Zico, a brand of coconut water but so far coke products can only keep you awake not help you slumber depending on how well drift well does though a sleep inducing beverage from coke probably won't be far behind in back the need for a sleep aid soda. Might just be keeping. The are indeed people coke. Up at, night.

Pepsi Insomnia Aids Caffeine Washington CNN L. Cnn Zico Kavita Gatorade
"express scripts" Discussed on WTOP

WTOP

02:28 min | 1 year ago

"express scripts" Discussed on WTOP

"Express scripts Medicare Walgreens participates with other plans the Walgreens dot com slash Medicare for details when eighteen traffic and weather on the aids and when it breaks several but way now good ride on the eneloop in Virginia as they head toward Eisenhower Avenue the earlier crash cleared all lanes have re opened and the ladies have ease no problems as you continue on the capital beltway headed north bound toward McLean and the American Legion braid sixty six good ride still between front royal and Roslyn south on I ninety five the biggest sticking point leaving Lorton headed across the octagon and down to one twenty three then again in del city headed toward dump prison triangle but the good news is lanes are open north on I ninety five clear between Fredericksburg in the Springfield interchange I three ninety five still little crowded as you head northbound headed toward Potomac River and the fourteenth street bridge northbound on the George Washington parkway this is near the spot run parkway we have the report of a crash on certain as to which lane or lanes are blocked there be traveling in Maryland things are clear on the beltway in Montgomery and prince George's county no problems on two seventy I ninety five still a good ride north on the Baltimore Washington parkway start to get heavier as you pass one ninety three headed toward one ninety seven but the good news is lanes are indeed available traveling in Hinesville to twelve south bound rigs road admits a rod road right side blocked the work zone also on the intercounty connector westbound between New Hampshire Avenue and lay hill road we still have the work set up there and in place with the detour until Monday morning more metro's redline we did have the police investigation due to a deadly stabbing at Union Station and this just in to the news desk we understand Union Station has re opened but delays remain as you make your way between a judiciary square and normal gal you debt so watch out for that American military university is the number one educated the U. S. military members join fellow national security and public safety professionals making a difference at AM you put your mind at AM you online dot com I'm rob Stallworth WTOP traffic now here's a storm team four forty four counts with Matt redder in sandy mostly cloudy skies his we're dealing with what's left of the storm system that brought us the heavy rain two nights ago we'll stay mostly cloudy.

Hinesville rob Stallworth Baltimore prince George Maryland George Washington Matt redder American military university Union Station Walgreens Montgomery fourteenth street bridge Potomac River Fredericksburg del city American Legion McLean Virginia
Cigna Uses AI to Check if Patients Are Taking Their Medications

Worry-Free Financial Solutions

01:16 min | 1 year ago

Cigna Uses AI to Check if Patients Are Taking Their Medications

"Two did you take your medication this morning here's the reason why I'm asking is that cigna is going to start using a I based systems the track a patient's drug intake even determine if they're following the prescribed treatment of things like for heart disease and diabetes I would actually all started last year with cigna merged with the pharmacy benefits manager called express scripts and they came up with a tool called help connect three sixty half a million signum amr's took our testing it which would analyze pharmacy claims along with medical lab and biometric data from devices to keep tabs on someone's condition so for instance people diabetes would opt into where glucose monitors and blood pressure cops and if a I'd notices something unusual that algorithm to determine whether or not you took your meds or if they're just not working there it also get alerts if say for example you missed taking your meds or you missed an appointment I mean think about this if your insurance company has this type of Intel how is that going to affect your rates now health connect three sixty will be off to cigna is more than ten million members beginning in January which means other health insurance companies are going to follow suit I mean I'm all for house calls but how uncomfortable would you really be if the doctor actually never left your

Signum Amr Intel Express Scripts
"express scripts" Discussed on About Last Night

About Last Night

02:40 min | 2 years ago

"express scripts" Discussed on About Last Night

"All right. Surely I love is she goes. All right. That's good. Yeah, that's good. I'm what's known as the great generation because I lived through this it. All right. Here. Taste. Until the day I was like, oh, I'll just call you back later. She goes, why just tell me what you have to tell me now. That's incredible ninety get it out. I'm not gonna waste my seconds on you. Tickles me friends, acquaintances. And you're gonna place a ton of investment. Nephew. I'm more like maybe pen, pal. I didn't have a lot of say. Permanently bound through blood. So you know it's not like the friends you choose understand at him. Surely, I guess I'm not getting a birthday this year. No, I'll send you the requisite dollars. Why is it twenty bucks? You know, I keep I keep my that's the largest Bill. I collect you collect them. Yeah. Of course. But if you put more than one in there, the mailman goodness. Oh shit. Yeah. They can tell the wait to stamps this must be more than twenty if I know surely. As an extra is an extra billion here. Road Henry the mailman. You know, he steals my medicine. What's the point of having fresh Express Scripts? If you fuck it movement. Taking your your your, your Kalana. And that's how Adam choked on guy. My medicine. It's such a great aunt conspiracy. The mailman steals my medicine. No. Also, why are you getting medicine in the mail, because I, I don't like leaving the house, my bones, and that's why I get my bone density medicine delivered to the house, dense bones, you drink milk. Become lactose intolerant. You're catch by all the fight. You're always sending me pictures of milk cartons. What are those doing there, because all of our nephew's are missing. I'm hoping that you'll like John wash that shit for me. I didn't know you still watch that. It's an app now. So. A work history. These, these missing persons. Like ten out. I'll help. It's called amber alert..

Express Scripts Kalana Henry Adam John milk
Cigna, Express Scripts And Twenty Five Dollars discussed on Orlando's Morning News

Orlando's Morning News

00:16 sec | 2 years ago

Cigna, Express Scripts And Twenty Five Dollars discussed on Orlando's Morning News

"Americans with type one diabetes or getting some good news. Cigna announced it's worked out a deal with pharmacy benefits manager Express Scripts to cap the cost of insulin at twenty five dollars a month. The average cost last year was around forty two dollars and some people without insurance had to

Cigna Express Scripts Twenty Five Dollars Forty Two Dollars
"express scripts" Discussed on KOMO

KOMO

02:15 min | 2 years ago

"express scripts" Discussed on KOMO

"The Dow Jones industrials rose thirty nine points. The tech heavy NASDAQ gained forty six the s&p five hundred managed to gain of six points. Cigna corporation and Express Scripts today announced the patient assurance program which caps costs for thirty days supply of insulin at twenty five dollars for eligible people with diabetes. The average out of pocket costs in two thousand eighteen for users of insulin through plans managed by Cigna and Express Scripts which Cigna acquired in December was forty one fifty four thirty day supply. That's your money now after nearly three years cross party discussions kick off in earnest to try to find an acceptable rags Adeel. These are your world headlines from ABC news with just days before a looming exit deadline the prime. Minister is now reaching out happy sitting members across the house will continue to do. So in order to ensure that we can find a way forward that this house counsel facilitate this Theresa May must ask the European Union for Brexit delay extension to hammer out an agreement. Venezuela's foreign minister says opposition figure one Guido is in breach of the constitution. And the judiciary has to take care of it. L Bainian opposition parties have continued their weekly protests calling for the government's resignation and an early election, and the priest northern Poland who led a public burning of the Harry Potter series deemed by their owners harmful as apologized and stress. It was not aimed against books or culture. I'm Tom rivers at the ABC news foreign desk in London. Training for teaching assistants who work with special needs kids at risk. As komo's Corwin Hake. Reports. Budget writers Olympia are struggling to pay for it public schools. Statewide would be hard pressed to educate students with autism or intellectual disabilities without para educators, teaching assistants who give these kids the individual attention. They require but along with being underpaid Peres are typically undertrained, Dan steals with Washington association of school administrators. We think it is positive better trained, para educators, and we support that training Harkinson is the lack of adequate funding for state law signed two years ago mandates four days of para educator training a year. But still says neither.

Cigna corporation Cigna and Express Scripts ABC and Express Scripts diabetes European Union Corwin Hake Venezuela Peres Poland komo Harry Potter Tom rivers Harkinson Olympia Guido London
Cigna caps insulin costs at $25 for qualifying clients

News, Traffic and Weather

00:22 sec | 2 years ago

Cigna caps insulin costs at $25 for qualifying clients

"Points. Cigna corporation and Express Scripts today announced the patient assurance program which caps costs for thirty days supply of insulin at twenty five dollars for eligible people with diabetes. The average out of pocket costs and twenty eight teen for users of insulin through plans managed by Cigna and Express Scripts which Cigna acquired in December was forty one fifty four

Cigna And Express Scripts Points. Cigna Corporation Cigna Express Scripts Diabetes Twenty Five Dollars Thirty Days
"express scripts" Discussed on KOMO

KOMO

02:14 min | 2 years ago

"express scripts" Discussed on KOMO

"The Dow Jones industrials rose thirty nine points. The tech heavy NASDAQ gained forty six the P five hundred managed to gain of six points. Cigna corporation and Express Scripts today announced the patient assurance program which caps costs for thirty days supply of insulin at twenty five dollars for eligible people with diabetes. The average out of pocket costs in two thousand eighteen for users of insulin through plans managed by Cigna and Express Scripts which Cigna acquired in December was forty one fifty four thirty days supply. That's your money now. After nearly three years. Cross party discussions kickoff in earnest to try to find an acceptable Brexit deal. These are your world headlines from ABC news with just days before a looming exit deadline. The prime minister is now reaching out. Happy sitting down with members across the house. I'm we'll continue to do. So in order to ensure that we can find a way forward. This house comes to facilitate this. Theresa May must ask the European Union for brench delay extension to hammer out an agreement. Venezuela's foreign minister says opposition figure one Guido is in breach of the constitution. And the judiciary has to take care of it. L Bainian opposition parties have continued their weekly protests calling for the government's resignation and an early election and the priests in northern Poland who led a public burning of the Harry Potter series deemed by their owners as harmful as apologized and stress. It was not aimed against books or culture. I'm Tom rivers at the ABC news foreign desk. Eight London training for teaching assistants who work with special needs kids is at risk. As komo's Corwin Hake. Reports budget writers in Olympia are struggling to pay for it public schools. Statewide would be hard pressed to educate students with autism or intellectual disabilities without para educators, teaching assistants who give these kids the individual attention. They require but along with being underpaid Peres are typically undertrained, Dan steals with Washington association of school administrators. We think it is positive better train Peres caters than we support that training. Harkin Sern is the lack of adequate funding for a state law signed two years ago mandates four days of para educator training a year. But still says neither.

Cigna corporation Cigna and Express Scripts Peres ABC and Express Scripts prime minister diabetes Harkin Sern Corwin Hake Venezuela Poland European Union Theresa komo London Tom rivers
Cigna announces plan that caps monthly insulin prices at $25

Afternoon News with Tom Glasgow and Elisa Jaffe

00:21 sec | 2 years ago

Cigna announces plan that caps monthly insulin prices at $25

"Cigna corporation and Express Scripts today announced the patient assurance program which caps costs for a thirty day supply of insulin at twenty five dollars for eligible people with Taibbi eighties. The average out of pocket costs in two thousand eighteen for users of insulin through plans managed by Cigna and Express Scripts which Cigna acquired in December was forty one

Cigna Corporation Cigna And Express Scripts And Express Scripts Taibbi Twenty Five Dollars Thirty Day
Cigna launches program to cap out-of-pocket insulin costs at $25/month

Rush Limbaugh

00:22 sec | 2 years ago

Cigna launches program to cap out-of-pocket insulin costs at $25/month

"Now Cigna corporation and Express Scripts today announce the patient assurance program which caps costs for a thirty day supply of insulin at twenty five dollars for eligible people with diabetes. The average out of pocket cost in two thousand eighteen for users of insulin plans managed by Cigna and Express Scripts which Cigna acquired in December was forty one dollars fifty cents for a thirty day

Cigna Corporation Cigna And Express Scripts Express Scripts Diabetes Thirty Day Twenty Five Dollars Forty One Dollars
"express scripts" Discussed on News Talk 1130 WISN

News Talk 1130 WISN

08:01 min | 2 years ago

"express scripts" Discussed on News Talk 1130 WISN

"Employer health insurance information later in the program, but you want to start with things that have already developed this year. Exactly. Because it's rather fascinating. There've been some major developments, and I think major developments that will have real consequences or opportunities going forward. The first are the two major insurance mergers that all were completed at the end of twenty eight teams. So the first one was CVS care. Mark CVS care. Mark many of us know them as the pharmacy stores, but they also are what is called a prescription benefit management organization. So they process prescription benefits under health programs. They acquired an insurance company in this case Aetna. So now there is no longer. You might say Aetna. As an insurance company still waiting. To see what this new merged organizations name is going to be. But also more fascinated on what they will bring to the marketplace because you have the combination of an organization obviously involved with pharmaceutical as well as an insurance company now merged together. And as we have talked about in previous shows pharmaceutical is becoming a major portion of our overall healthcare spend the second merger that just was completed this one was completed December twentieth. It has Cigna which one of those top five insurance companies get no was in this case the insurance company acquired a prescription benefit management firm. So the inverse of what we just talked about with CVS care. Mark buying Aetna. In this case, we have Cigna the insurance company buying a prescription benefit management firm. Now, express script doesn't have pharmacy stores. They're just a a prescription benefit management firm. So again, it'll be interesting to see what they do as a combination organization. Going forward with healthcare in their health insurance offerings that first one you mentioned CVS a did acquire Aetna. Not the other way around. Correct. So they acquire at now that that must make CVS one of the larger pharmaceutical I mean, we've Walgreens with CVS correct big. I'm just thinking off the top of and not only are they large retail store. They're one of the top three administrators of all the prescription benefits paid out under insurance programs. The top three are Express Scripts which is now owned by Cigna, CVS care, Mark and Optum who is owned by United Healthcare. The combination of those three represent more than seventy percent of all the prescriptions process through insurance programs. They are one of those processors, so very large organization not only with the retail stores, but with the whole processing of pharmacy benefits, talking nationally, right? Exactly. Yeah. Okay. Just to make sure I mean, everybody listening probably recognizes those names. Exactly, that's where we go and get a prescription. And I often tell people you may have an insurance card. Maybe your card says anthem Blue Cross Blue shield on the frontside flip it over on the backside in the back side. You're gonna see information about your prescription benefits is gonna have expressed scripts logo because anthem contracts with Express Scripts to process their prescription benefits. And this is new again, these changes this was at the end of twenty eight exactly so we're not even seeing what this all means going forward because this all just took place at the end of the year one of the other developments. I find rather fascinating. Is we talked about Paul when we talked about pharmacy last year in our show that the president his administration came out with what they call the blueprints on pharmacy, in fact, directly looking at what's going on. And why pharmacy costs are so expensive and one of the things they talked about in their blueprint was there's never disclosure of the cost of medications that are continuously being advertised to us as consumers the old direct to. Consumer marketing, so the pharmaceutical industry itself big pharma, if you wanna call it the pharmaceutical research and manufacturers America that organization met in October and they came forward with new principals. So you might say self policing themselves that beginning April fifteenth, they are expecting their members of their association to as they advertise medications, for example on television. They will provide consumers either with the disclosure of the retail cost of that medication or with directions on how they can find out more about the costs through a website. So one of the more recent developments is ally. Lily is the first to come forward and start doing some of this disclosure. They're very popular medication. They have in the marketplace for diabetic treatment is called true listening. They now have a website where you can go out on that website, and you can see that the retail price of Treliske eighty eight thousand seven hundred. Dollars a year. Or seven hundred thirty dollars a month now on that same website, you can try to figure out what your costs might be relating to your insurance plan. But as Paul you, and I know we both have high deductible plans that means we're going to bear most of the cost of that medication because we don't have a copay. We have a six thousand dollar deductible, for example. So we're paying six thousand dollars just for that medication alone. Yeah. And that gives you a baseline to kind of gauge what you're paying against what what the retail cost is exactly. Imag nappy. Good news. In other words. It may be I and maybe motivate consumers look for better value. If it's something that's not gambling affordable. That's it's weird. Because we when they're transparent, and they tell you the price we care more. Correct. When we just go in. Well, it's four hundred a month. There's not much you can do about it you pay it. And you just kinda you go on with your day. Correct. And I was used the example of the epi pen a few years ago. All of a sudden the price was changing almost by month from one hundred dollars a two hundred dollars almost six hundred dollars a nervous human outcry. And that was because so many people are in high deductible plans. They saw directly the step up in price where if they had a fifty dollar co pay that price kept increasing. They didn't see it because they were paying a fifty dollar copay, but most of us are paying a lot of those drug expenses. So this disclosure is a positive first step Johnson and Johnson you here locally, of course, on February seventh they are going to begin disclosing the price in their ad itself. Along with. The disclosure of a website. So for example, one of their more popular medications is a blood thinner, and I'll probably really mess this up, and then they tried to pronounce it. But our electile is my best guess at how to pronounce that a good, okay? Good job. And even if it sounded good that medication sixty five hundred dollars a year is the annual retail five forty a month. Exactly five hundred and forty dollars a month. So you can see the theme the drugs that are being advertised direct to consumers, those are the very expensive specialty type medications, and that's why I say, I think it's refreshing that we see the value and the benefit of those meds. But we start to see what are the costs associated with those meds to you got it. It's good that they're disclosing it. That's a positive thing. Right. Exactly in. We've always said the hardest thing to be in is a consumer when it comes to healthcare because generally, nobody wants to disclose prices to you. Oh, I mean think about it. When you go in for. I mean, this is way off topic. But you go in for surgery, you have to have something done you consult, you you set a date and you go for it one of the final things. Oh, that's right. We should check on how much we have to pay for insurance. But you rarely get the full price the actual price of. That surgery. Yes, not only do you not get the actual price as we'll be talking later about surprise bills. You may find out a surprise in the end of a service that obviously you never contracted for and never expected to find that it was going to be outside of your insurance plan. So that's what you meant by surprise medical bills. Yes. I wasn't talking about Christmas in two thousand nineteen yet. And not a good surprise. All right. That's coming up later in the show..

Aetna Cigna Express Scripts Paul Blue Cross Walgreens United Healthcare Lily Johnson president America
Extreme Temperatures May Pose Risks To Some Mail-Order Meds

NPR's Business Story of the Day

04:28 min | 2 years ago

Extreme Temperatures May Pose Risks To Some Mail-Order Meds

"It's become pretty common to order drugs through the mail and Amazon has jumped into the game. So that market could get even bigger, but there are still some big questions about safety. Alex Smith is with member station. Casey. You are the weather in park hills in eastern Missouri can be all over the map, according to resident Loretta Bozing. We experienced temperatures like they would fill in Arizona. You know? Sometimes we experience the temperatures like they fill up north Bozing things. Those extreme temperatures played a part in a health scare involving her son Wesley in two thousand twelve when Wesley was too he got so sick from the flu that he needed a liver transplant the surgery went well, but just a few months later lab tests showed Wesley body appeared to be rejecting the organ Bozing felt devastated and guilty. I feel that extra duty not just protecting his life. But the life that lives on inside him in the end, Wesley rallied and kept his new liver. But Loretta kept wondering what might have gone wrong. Then he remembered that when his transplant medications were last livered they had been left outside by the garage where they sat for hours temperatures that date were in the hundreds far higher than the safe range listed on the drugs guidelines at the time. She hadn't worried about it. Even though I see plainly on the bottle. You know that it says store at room temperature. I still thought someone's making sure it was safe. But after Wesley setback Bozing swore off mail order altogether. And this year, she started a Facebook group for patients who are worried about mail order drugs. She thinks all insures should give their customers easy access to retail pharmacies and less mail. Order companies can prove the drugs are getting to patients at the right temperatures. There are three big mail order companies Express Scripts CVS care, Mark. And Optima ex all three insist. They've got the shipping down to a science and warehouse in Kansas City. Optima ex-workers pet specialty medications with ice pack. An insulated containers lead pharmacist Alicia Heller explains that this warehouse shipped up to one hundred thousand prescriptions day, and includes assistance to account for weather. There's an extreme heat situation. The system will tell the technician to add an extra ice pack because we've monitored the zip code and the weather in that area, but it up Rx and across the industry room temperature medications, like most blood pressure or cholesterol drugs are just dropped in bubble. Mailers Stephen echo a pharmacy. Professor at the university of North Carolina thinks this can lead to some drugs being damaged a lot of people. Enjoy the convenience of mail order. But there are some risks we've discussed that they have to understand echo says it's possible that medications in oral suspension like Wesley was taking could be affected by extreme heat or cold echo thinks. It's just a matter of time before mail order pharmacies start using temperature controlled packaging for non specialty drugs as well and include a temperature monitor in each package, so customers know their drugs never got too hot or too cold during shipping, but pharmacy consultant Adam find says that approach would just drive up costs, and he points out that many. It's already guarantee customers the right to use retail pharmacies if they prefer he thinks the temperature concerned are overblown. We have literally billions and billions of prescriptions that have been dispensed by mail over many many years without evidence of widespread. Har- some room temperature drugs are okay to spend up to twenty four hours in temperatures as low as the upper fifties to his high. It's one hundred four but scientists just don't know what happens to many medications in more extreme temperatures. In fact, a few studies suggest that some inhalers or drugs like antibiotics can lose potency Bozing has gotten a waiver that let's get Wesley's medication at a specialty pharmacy in Saint Louis, but she's continued to advocate on the issue. I don't want my son to receive special treatment, I want everyone to have access to safe medications in Missouri. The board of pharmacy will review its mail order prescription policies and his invited voting to testify later this week for NPR news. I'm Alex Smith in park hills. Missouri. And that story is part of a partnership with NPR, Casey, you are and Kaiser health news.

Wesley Loretta Bozing Missouri Alex Smith Casey NPR Optima Amazon Arizona Express Scripts Facebook Echo Alicia Heller Stephen University Of North Carolina Adam Kansas City Technician
"express scripts" Discussed on Capital Ideas Investing Podcast

Capital Ideas Investing Podcast

04:30 min | 3 years ago

"express scripts" Discussed on Capital Ideas Investing Podcast

"So yes, I do have a cautious. I on the market because we have been going up for ten plus years. But I think there's reasons that you can see that we could go for a while longer. And it may not be that the market goes up. Maybe we just go sideways for a while hard to tell. But I don't see signs of you know, huge excesses and things that would make me really worry about where we're going from here. And so it sounds like you're not making significant changes to your portfolio as a way to guard against what may be tougher. See ahead or you have to remember, I run value money in terms of the portfolios that I manage their conservative funds, my portfolio or ready has a fairly conservative bias to it. Because because of the nature of the man because of the nature of the mandates, most of the names, you know, the most of the companies that I own pay dividends at are above the market. Most of them trade appease lower than the Mark. That's just the nature of I do. It's not like I need to sell the high flying, you know, software as a servant's, aka SAS companies and rotate into a more conservative choices. But you know, in technology, I own names that trade a low teens multiples pay two and a half percent dividend yields. I'm not in the stocks trading at fifty times earnings with no yield a little bit more. Now about areas, you're finding attractive today and any specific companies that are of particular interest, knowing it's not a particular buyer sells recommendation, but areas you're finding real opportunity I like to buy things that are down. Now, I liked to buy companies where I think they're misperceived or that the market is missing something today. It's it's a little harder. But there's always opportunities. I've been looking at the healthcare services space. There's been a lot of merger and consolidation. You've had at get together with CVS you've had Cigna get together with Express Scripts United health has sort of been the model for an integrated model, you know, company like CIGNA's trading. It a fairly low multiple on earnings. You know, I think combined with Express Scripts it's like ten eleven twelve times earnings that's interesting in an industry that trades. You know, fifteen plus times. I'm also very interested in things like Dow DuPont. So that was too large companies that came together the idea was that one plus one might equal three because they're going to split into three. We're sort of in the middle of that. It's very complicated. People don't know what the end companies are going to look at. And this is where indepth research really helps because I think our analysts have really dug into it. And they understand, you know, what the commodity chemicals might look like what the Ag business will look like what the specialty chemicals businesses will look like. So those are the kind of thing. I like where there are a little bit complicated. They're sort of stuck in a little limbo right now until they really get the three pieces onto the market. So so that's interesting in and I really liked the pharmaceutical stocks here, they trade below market multiples, a lot of them through pretty significant patent cliffs, where they're, you know, most popular drugs. Most profitable drugs went off patent and the profitability goes down. But we're really through that. I'm most of these companies like the Merck's the Pfizer's the J J as the Bristol Myers. And now these companies really have very solid pipelines. They're not trading it fancy multiples. They pay good dividends. And there are some real opportunities. I mean when you look at Merck and their drug Catroga, which is cancer therapy, the market expectations for this drug are already that. It's going to do ten to twelve billion dollars a year. There are scenarios out there where it could be twice that. I'm not saying, this is the cure. But this is lock closer than we've been in a long time. There are some things that are blockbuster potential within companies like Merck and others that I think are really interesting that the market hasn't really been that keen on you know, there's always talk about drug pricing. There's always this sort of cloud over them and that keeps them beating down. Yeah. But when you really look at the whole healthcare equation pharmaceutical drugs, or you know, ten percent of the spending in it's really hospitals in that area where the bulk of the.

Merck Cigna Express Scripts Dow DuPont Bristol Myers Express Scripts United Catroga CVS J J twelve billion dollars ten percent
"express scripts" Discussed on On Point with Tom Ashbrook | Podcasts

On Point with Tom Ashbrook | Podcasts

03:15 min | 3 years ago

"express scripts" Discussed on On Point with Tom Ashbrook | Podcasts

"I paid little or nothing for it. I now face a decision to the the initial price quoted to me was thirty one thousand dollars fit destruc- because I can't. I can't access patient assistance. I can't. There is a lot of our a lot of things I can't access. Luckily I know enough about this system to go forward and do some negotiating with the with the Express Scripts. But I'm concerned about people who aren't in my position. Go ahead deal. This is in open enrollment period that were going into or just started for Medicare. It is extremely important that people look at the drugs that they take who are on Medicare. They can go to Medicare dot gov. That is the system that is set up by Medicare. They can look and plug in the drugs that they take. Look at the drug plans party is in dog drug plans that are available in their state, what they will find are very different coverage in likely cost to them depending on which of the drug plans that they use. I wanted to interrupt because we're in a very time sensitive period. Open enrollment starts mid-october. It extends for two months. This is the time for people to think about whether or not the drug plan there on make sense for them. In if not to choose another one, where to look at potentially what's call the part c plans, the Medicare HMO's which frequently include physician hospital and prescription drug coverage. All when plan will. I'm gonna just open here because we've got a just a minute to go. And I wanted to give David Mitchell a chance to share his last thought with us because David, what did you hear in in that caller story in your less for this hour. Well. Her situation is all too common. The structure of Medicare needs to be revised. You know, the administration has considered in its blueprint capping out of pocket at a certain level called catastrophic level, and there may be an impact on premiums if we do that, but they're about a million people who are suffering terribly because they're taking these incredibly expensive drugs. And Medicare has been paying a portion all the way to the end of the year which can rise to eighteen thousand dollars out of pocket. So when Gail will skew was saying, these things are not immutable, our laws are not immutable. Our patent laws can be reformed. The structure Medicare can be improved. We need to do those things. And most importantly, we need to lower the prices of prescription drugs as the administration and members of congress. Other leaders have said they will do. We're fighting to do that. David Mitchell. Gail will ski and Michael Barr. Thank you so much for joining me this hour and listeners. You can keep your comments stories coming on point, radio dot org. I'm Magna chucker birdie. This is on point..

Medicare Medicare HMO David Mitchell Gail Express Scripts Michael Barr congress thirty one thousand dollars eighteen thousand dollars two months
"express scripts" Discussed on TED Radio Hour

TED Radio Hour

01:50 min | 3 years ago

"express scripts" Discussed on TED Radio Hour

"We send them to the department of motor vehicle, half of them get the in-form half of them get the opt out form and then you stop people when they come out, you say, excuse me, can you tell me? I see that you didn't donate us. You donated, you say, could you. Explain to me why why you did what you did does anybody says I've no idea. This was the default choice. I didn't. Anybody says I was too lazy. No. What happens that people tell stories about why they made those decisions? They portray them as if they spend whole. We conditions people who were in the informed, say things like, you know, I'm really worried about the medical system whether some physicians will pull the plug a little too early. If I do this and people in the out from says, you know, my parents raised me to be carrying wonderful human being and what happens. We don't make the decision, but we tell the story about why we do it and destroys are so good that we even convince ourselves that the decisions we make are actually because of our preferences and not because somebody else made something most decisions are unconscious. I woke up this morning. I took a shower and I made breakfast and coffee, and I didn't think about thought about what breakfast to make for my kids. But these were things that I had already decided even before I started to do them, yes. And, and you know, we have to make lots of decisions all the time and we don't have the capacity of the resources to do. So we make the decision l. tell you a story about a company called express crypt. They managed from suco benefits. They do all kinds of things. But one of the things they do is they send people with chronic illness medication over the meal. Every ninety days in what Express Scripts rise to do is to switch you from taking brand medication to generic medication in write you a letter.

Express Scripts ninety days
"express scripts" Discussed on Hysteria

Hysteria

03:17 min | 3 years ago

"express scripts" Discussed on Hysteria

"Okay. Now we're heading back to LA with grace to talk about personal political, so grace. I want you to talk a little bit about your experiences me. Yeah, so I had something happened to me couple of days ago, very, very frustrating and something that I immediately e mailed ladies of hysteria about because it it just felt like dead on with the experiences that a lot of us have gone through regarding birth control. So when we talk about birth control, we talk about the availability of I control. It tends to be super binary. It's either you have access to it or you don't have access to it, but we don't discuss the gray area of what happens when you have access to birth control. But for any number of reasons, it's really difficult to get. So in short, I found out recently that my insurance stopped covering this type of birth control that I've been taking for a year, and I've been taking this birth control, took me a long time to adjust to it as all women. No, and all men who know women to. Yeah, these things are not easy to adjust to and they take a lot of time. They get months if not years to adjust to. And while you're adjusting, I mean in the past and I was using oral contraception, it took me it was. Months of adjustment is really a a nice way of saying it was like mood swings like weird, you know, period type stuff like, and you didn't to some detail wanna hear, I wanna hear spotting. I'll call it out spotting men out there spotting, oh my God. But anyway. Space after she said that was like, come come at me. She spotting is her trigger word. It's a, it's a trigger word. I said it spotting plotting. Yeah, it's not that provides. Hot, but so so like you, it takes a long time and it's a big deal when you switch and it's a big deal. So when I found out that my insurance is not going to cover the brand version of this birth control that have been taken for a year, they said, instead take this generic kind. Now I've done the switch from a brand name to generic in the past, and it's been really awful. For me, it is a different pill. Now I've done a little bit of research about this. It's a, it's a controversial subject because the FDA will tell you that the generic versions of birth control that you're taking are exactly the same and have the same makeup with the exception of a few inactive qualities. But the reality is not like that for every woman. Any minor change in in a pill. Switching from a brand name to generic can lead to side effects didn't have initially. So I've been really reticent to switch to generic. What ended up happening is I found out that in order to get the brand name covered by my insurance, my doctor had to write a note to my insurance. They said, yes. Okay, fine. Then they said, I had to get the birth control via Express Scripts. So one of these mail order pharmacy types. I couldn't go in person to get it. But because Express Scripts was too late in informing me about this decision. I had to go pay out of pocket to get birth control the brand name. Now, the brand name of course, was not available at my pharmacy or the next day or the next six pharmacies at my doctor that my doctor called, it took eight to ten calls for my doctor to find a pharmacy that carries birth control in the brand that I've been using. And it cost me one hundred sixty dollars out of pocket for one for one month spill one month, and these are the hoops that I had to jump through somebody who's hyper informed who's a bit of a hypochondriac who's been on top of all the shit who has insurance lives in Los Angeles. One of the most liberal cities in America right now, those are the hoops that I had to jump through to get one month of birth control and it and it infuriated me on a number of levels obviously..

Express Scripts Los Angeles FDA America one month one hundred sixty dollars
Urban Meyer apologizes again after backlash over initial statement

The Drive With Steve Jaxon

00:45 sec | 3 years ago

Urban Meyer apologizes again after backlash over initial statement

"To stay away from a woman. He's accused of groping at his New, York home last October freidan appeared stone-faced in court. To face sexual harassment charges but didn't enter a plea freidan is free in his own custody due back in court October eleventh commenting on high. State head football coach urban Meyer statement apologizing. For his insufficient apology on Wednesday regarding his mishandling of domestic abuse allegations against, former assistant coaches act Smith is Paul finebaum with our ABC news partner ESPN to me he's. Hiding behind a statement that clearly he didn't right I know urban Meyer this doesn't sound like him And this was written by a lawyer this was written by a PR, specialists coach Meyer, suspended for, the first. Three games of the

Cigna Urban Meyer Express Scripts ABC Meyer Coach Meyer Paul Finebaum Smith Head Football Coach Chaka Khan Aretha Franklin Stevie Wonder York Harassment Jesse Jackson Bill Clinton Smokey Robinson United States Mark Remillard
Erdogan says Turkey economy under attack as Trump doubles tariffs

Bloomberg Business of Sports with Scott Soshnick and Michael Barr

00:38 sec | 3 years ago

Erdogan says Turkey economy under attack as Trump doubles tariffs

"Turkish president, regiment have aired a one is showing. No. Signs, of backing down in a standoff with the US that has rattled markets as investors worry about Turkey's leading toward a full, blown financial crisis the big question now is how far the pain. May spread, everyone said today during a rally in the Black Sea port of or do that the US was quote trading strategic NATO ally for a pastor he was referring to, the US decision to sanction Turkey for its imprisonment of an, American priests while the trigger? For the debacle, was new US sanctions on Turkey many investors, say, the nine hundred. Billion dollar Turkish economy was already headed toward

United States Elon Musk Susanna Palmer FBI Turkey Bloomberg President Trump Carl Icahn Golan Andrew Mccabe Tesla Twitter Donald Trump Cigna Chief Executive Officer Black Sea CEO Ernst Cygnus Express Scripts
Federal budget deficit increases 79% in July

Red Eye Radio

00:33 sec | 3 years ago

Federal budget deficit increases 79% in July

"The federal government racked up seventy six point nine billion dollar deficit in July with increased government spending and tax cuts keeping the country on. Track to record its biggest annual deficit and six years the treasury department is reporting, that in the first ten months of this budget year the deficit, totaled six hundred eighty four billion dollars up, twenty point eight percent from the. Same period last year the government has sharply revised upward its deficit estimates projecting annual deficits will once again top. One trillion dollars

Monsanto Dwayne Johnson Carl Icahn Dennis Crowley Treasury Department Express Scripts Griffin San Francisco Cancer Six Hundred Eighty Four Billio Two Hundred Eighty Nine Millio One Trillion Dollars Nine Billion Dollar Billion Dollars Eight Percent Ten Months Six Years
U.S. budget deficit already 21% higher than last year

Biz 1190 Overnight

00:33 sec | 3 years ago

U.S. budget deficit already 21% higher than last year

"The federal government racked up a seventy six point nine billion dollar deficit in July with increased government spending and tax cuts keeping the country on. Track to record its biggest annual deficit and six years the treasury department is reporting, that in the first ten months of this budget year the deficit, totaled six hundred eighty four billion dollars up, twenty point eight percent from the. Same period last year the government has sharply revised upward its deficit estimates projecting annual deficits will once again top. One trillion dollars

Monsanto Dwayne Johnson Gordon Griffin Dennis Crowley Treasury Department Express Scripts Sega San Francisco Cancer Six Hundred Eighty Four Billio Two Hundred Eighty Nine Millio One Trillion Dollars Nine Billion Dollar Billion Dollars Eight Percent Ten Months Six Years
The West Hollywood City Council wants to remove Trump's Walk of Fame star

Hugh Hewitt

01:56 min | 3 years ago

The West Hollywood City Council wants to remove Trump's Walk of Fame star

"Carl Icahn as urging Cigna shareholders to reject the health insurers attempted multibillion-dollar takeover of, Express, Scripts, icon says it's paying too much for a company with a shaky future the billionaire activist investor. Warned that Express Scripts a pharmacy benefit manager could face substantial regulatory risks. And intense competition from Amazon Cigna said back in March it would pay fifty two. Billion dollars for Express, Scripts a deal on what shareholders will vote August twenty fourth. Wagner reporting children's advocates what the. American psychological association to condemned the tech industries practice of using persuasive, psychological techniques to keep kids glued to their screens the advocate citing research that links excessive use of social media and video games with depression academe troubles says. It's unethical for psychologists to be involved in. Tactics that risk harming kids wellbeing This is townhall dot com After Donald. Trump's Hollywood star is act the city council is. Seeking to get it removed the West Hollywood city council would like to see Donald Trump star removed, from the walk of fame but he doesn't have. The authority to do it the council passed a resolution asking Los Angeles and the Hollywood chamber of commerce to remove the star after it was destroyed last, month for the second time man accused of shattering it with a pick ax, faces a charge of vandalism but the chamber does not remove stars once they're planted come notoriety were vandalism chamber presently on Google earth. Told the Los Angeles Times stars are, considered part. Of the, walks historic fabric once they're they're Trump got. His in two thousand, seven I'm. Warren Levinson authority say Florida Atlantic university has cancelled a graduation. Ceremony following a credible threat the book, retired university announced cancellation Tuesday just minutes before the five PM commencement ceremony was set to began officials wouldn't say what the threat was or these. Stories at townhall dot com Patrick fos.

Donald Trump Express Scripts Hollywood Star Hollywood Chamber Of Commerce Cigna Carl Icahn Amazon Cigna Los Angeles Times Vandalism Los Angeles Patrick Fos Warren Levinson Florida Atlantic University Wagner Billion Dollars
Yum Brands comparable sales miss as Pizza Hut disappoint

Mike McConnell

02:03 min | 3 years ago

Yum Brands comparable sales miss as Pizza Hut disappoint

"Mix News Radio. Seven hundred wwl w okay Patrice. Sakaria. Promised us jobless numbers yeah and what happens when, I promise I deliver right. I got. Him in yet go ahead Applications for unemployment benefits little changed last. Week down one thousand that's all offering closely five decade low highlighting the tight labor. Market initial claims last, month fell to their, lowest level, since December of sixty nine. They've been hovering there had been. Trending. Down the tenth year of this economic expansion how, about that gas the world. Of yum A surprise dip here on the part of what restaurant chain Pizza Hut. Yum brands owns Taco, Bell KFC Pizza Hut They did pretty well they beat everything profit revenue in the second quarter better than expected but then it comes. To same store sales and they missed it was a surprise drop. At Pizza Hut that dragged down the, overall results the. Parent company here has been working to revitalize the pizza. Brand it's. Getting some stiff competition from. Rivals Domino's and Papa John's wonder how much competition is still. Coming from. Papa John's though that's kind of interesting Papa John's yomas Louisville based, Papa John's. Stadium. In the same city. That's right were All right. Now Ends at Cigna right earnings are into looking, good and Dan their earnings and revenue were looking good for the latest quarter signal also raised its its earnings forecast. For, the year now the, health insurance, says it's fifty four billion dollar takeover pharmacy benefit manager Express Scripts will help, the business grow but that statement comes after reports. That activist investor, Carl, Icahn says no he opposes the deal and he's taken a stake in the health insurer and he is going to fight. It All right, so overall, our futures weren't looking so bright and then they're still pretty damn right now, SNP down fifteen points NASDAQ down fifty to the. Dow down one, hundred, sixty points worries about a trade war from the Bloomberg news remind Patrice Sikora on.

Pizza Hut Papa John Patrice Sikora Carl Cigna Express Scripts Icahn Taco Bloomberg Louisville Domino DAN Fifty Four Billion Dollar Five Decade
Icahn, with sizable stake in Cigna, to oppose Express Scripts acquisition

Bloomberg Markets

05:18 min | 3 years ago

Icahn, with sizable stake in Cigna, to oppose Express Scripts acquisition

"Purpose Movers and, shakers the cost named Greg Bloomberg market movers and shakers with Carol. Massar and Jason Kelly on Bloomberg radio I'm Pimm FOX along with Bob, everywhere in for Carol Massar and Jason Kelly taking a look at the s. and p. five hundred one hundred and fifty three issues advance three hundred and forty seven decline and five remain unchanged Bob every. Let's, start, with your movers and shakers well. Tim I gotta go with the underwear we've got the Hanes brands that is no longer going to, be selling its exclusive line of champion active wear at target stores and that stock is. Down of it's what happened. To it it's down by twenty percent I think it was like nineteen percent and it's it's a ridiculous amount that showing how I. Think that investors are kind of fickle when. It comes to the, big box stores on the one, hand they punish the the shopping malls, but on the other They give it a lot of a lot of. Weight when it comes to retailers selling their wares there let me just, tell you about the shares of trip advisor down today by about a half a percent moving a little bit lower in after hours trading after reporting second quarter earnings of forty one cents a share estimates. Were, for, forty cents but revenue missed analysts. Estimates four hundred and thirty three million for the quarter estimates were for four thirty five we'll bring, you an update on trip advisor and it's guidance right now shares down eleven percent after. Revenue MRs Wall Street estimates. Sets trip advisor and yes trip adviser is of course based in Needham home to Bloomberg one zero six one Boston newburyport at thirteen. Thirty in metro west and the south short. We love our listeners, all over the glass Red Sox, nation yes it is I'm going to give you a positive today feeling good it is. Miller Coors the ticker is t. a. p. Molson course did. I, say Miller The old one I now it's Molson thank. You okay Molson, Coors Brewing company is having, a joint venture with hydro Pathak Kerry Corp in Canada to develop a non alcoholic cannabis infused beverage so. You're combining I guess it's not alcoholic but there's only it's. Only a matter of time till they get wise and start putting alcohol in it you're getting two of. My favorite things their business and pleasure I'm, not even gonna talk about that shares of Express Scripts down about six and a quarter percent. Today this comes after disclosure that the activist investor Carl Icahn has built a pretty sizable, stake in Cigna and that plans to oppose the fifty four, billion dollar takeover of Express Scripts is according to people familiar with the matter now the. Exact, size of Carl Icahn stay couldn't immediately be, learned but. It's below that five. Percent threshold that would have required him to. Disclose his holdings nevertheless The shares of Express Scripts responding to that news down more than six and a quarter. Percent Sticking with the underwear of motif yes they have here under armor is down today under armor is I'm not quite sure why been searching the Bloomberg terminal for, why under or maybe it's just one of those, things where if you have Hanes brands down you have the leak over to all the other Underwear Underwear Elastic on out of the. Underwear I want listeners to know that I made Pimm FOX laugh on it is not an easy thing to. Do, well let me tell you about MGM that's not a laughing matter for shareholders m. g. m. resort the stock down more than nine. Percent in today's, trading this of course has to do with the revenue going to accelerate beyond the trough of tough rather a tough second. Quarter I beg your pardon. Bob I'm just trying to do two things at once and at the. Tesla second quarter adjusted loss of three. Dollars six cents estimate was for a two dollar and ninety cent. Loss so worse-than-expected for for, tesla and they've, been you, know they've been criticized for burning cash and not making any profit You know most people would love to see a an electric car company. Succeed boys tesla having a. Hard time yeah they're burden through a lot of money let me just. Tell you what happened with the Vicks. Today we'll get the tesla in just a second the vix moved. Higher today it was up, three percent adding, zero point, four zero to the vix settling at thirteen point twenty three Dave My name is. Dave You're doing.

Tesla Carl Icahn Express Scripts Advisor Bob I Pimm Fox Bloomberg Molson Miller Coors Carol Massar Greg Bloomberg Purpose Movers Jason Kelly Tim I Vicks MGM Cigna Hydro Pathak Kerry Corp Coors Brewing
Dow, S&P 500 end lower; energy, industrials drop

Bloomberg Markets

01:09 min | 3 years ago

Dow, S&P 500 end lower; energy, industrials drop

"Bloomberg business app junk on Twitter This is a Bloomberg business, flash Bloomberg world headquarters I'm Charlie, Pellett fed, Wednesday stocks mix let's head, right. Over the. First word breaking news desk for today's afternoon call areas Bill Maloney and good afternoon Charlie that's right US stocks are trading mixed right now the Dow down seventy. Four points SOB strapped three and NASDAQ is higher by twenty seven fewest ten yield at three percent small caps are down, two points and five, of. The main eleven SMU sectors are trading higher led by. Gains in technology real estate and telecom energy industrials and utilities led to the downside Nazar biotechs gain Twenty-one transports dropped sixty nine semi's declined by four and the vix is higher by two percent leaders in the Dow apple. Intel and j. p. Morgan while Caterpillar three, m n, Walgreens led to, the downside, in other news the asset managers fell in today on reports fidelity plans zero expense ratio index funds and Rex plunge injured. A report that Carl Icahn has his Cigna and may oppose the Express Scripts deal after earnings apple jumped five. Percent to a record canes brands.

Bloomberg Carl Icahn Bill Maloney Twitter SMU DOW Walgreens Apple Intel Express Scripts Charlie Pellett Caterpillar United States Morgan REX
Walgreens shares pull back after initial post-earnings gains

Bloomberg Daybreak

04:57 min | 3 years ago

Walgreens shares pull back after initial post-earnings gains

"Stand today and where they may be heading next good morning six twenty on wall street i'm john tucker walgreens reporting third quarter earnings before the open of regular trading in new york today and to give us more of what we expect from walgreen jonathan palmer's healthcare bi senior industry every analysts joining us from bloomberg intelligence this morning first of all i i think we have to explain the competitive landscape that's taking place in the pharmaceutical space right now with walgreens what is it just how competitive is it it's a very interesting time for the pharmacy players there that cvs and purchase of patna potentially going through a competitor on the insurance side what are the big tvm's express scripts which really leaves walgreens as the last really stand alone pharmacy chain big pharmacy chain in the united states those competitors are all merging and they're standing at some really smart person described their strategy right now is kind of whole home is it say that they held an analyst they last month in new york where where they usually give an overview of their longterm plan and really they're sticking to their knitting they're not really doing anything dramatic like we've seen their competitors do walgreens has been big on on dealing partnerships with other companies they announced the small partnership with the insurer humanity to do stuff in their stories and kansas city but we're not really seeing the dramatic lou that the competitors have made the kind of embrace maybe what might be a new environment and retail there acquiring rite aid stores though right and the distribution centers that's correct that you know that about two or three years ago to fifteen tried to acquire all of rite aid the ftc push back on that deal and they eventually wound up buying about half of rite eight two thousand stores i did mentioned it before but another interesting transaction that's happening is rate is merging with the grocer albertson's form a bigger retail conglomerate both grocery stores and pharmacy so another example of of competitors embracing business models while walgreens you know just like i said six that their knitting so the impact on earnings what are you going to be looking for in the report this morning the thing investors are gonna be looking for today is really the amount of script growth that's going through their stores last year they acquired or not fired they announced a couple of deals where where a number of came on board into the walgreen model they they announced deal with a company called prime air to bring a lot of their members into the walgreens stores now anniversary and and we have the rite aid stores that they acquired last year coming online so so really people are going to look to say where where scripts going conscripts growth is what drives the pharmacy all their entering the dow jones industrial average as one of the components of the doubt what impact does it have at the end of the day might be that it doesn't really have a big impact outside of the prestige factor of being a dow jones company i the tweets of walgreens has been interesting one you know we've seen in retail a lot of pressure from from amazon you know across all the different facets whether it's grocer big box stores it's interesting to be that jones committee decided to include walgreens who as i said was is really sticking to this retail centric model when some of its competitors like cvs are bracing these new models of retail and insurance combined together which in my mind probably would have been a more appropriate choice of what the new economy really looks like they entered earlier this week not exactly an industrial company where do you expect sales real quick about ten seconds yeah i think i think the sales on the pharmacy side will be up modestly in the low single digits the other pieces of store data piece that a lot of investors look at what's happening not in the scripts but i'm not retail side that the key metric going forward as well jonathan thanks very much walgreens probably around seven o'clock this morning wall street time we'll get results jonathan palmer of bloomberg intelligence of walgreens earnings you're listening to bloomberg daybreak bloomberg surveillance this time key jonathan farrow out of the dow but the ceo has a new plan g nickname in a william blair today at seven am eastern on bloomberg radio bloomberg the world is listening this is a bloomberg market minute.

John Tucker Walgreens Ten Seconds Three Years
"express scripts" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

01:32 min | 3 years ago

"express scripts" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Each quarter it's really not going to move the needle the best buy back i know right now sitting groups they're buying retiring seven percent of the stock each year it's cities lied behind some of its largest competitors which are buying back a lot less stock still i get it by backs can be tabulated and they are tangible tokens credibility people are always looking to hang their hat on somebody so they hanging on by backs fourth takeovers have become a staple of this market and these deals huge the large record date consider some of these gigantic transactions t mobile bid to buy sprint marathon pete's purchase of endeavor cygnus by express scripts they look let's just throw in book comes failed attempt to acquire qualcomm the real importance of these deals is they tell you the stocks might be cheaper than you think finally fifth so many people were negative going to the sunni season in part because they were worried about rising interest rates but also because they were fade of a trade war with china much of this rally was caused by shortsellers who were forced to cover their bets against fang and against the s and p five hundred whole okay now given all these substantive reasons for the vance with lease credible my is being the one that everybody likes so much the buybacks the most accepted how can it some money managers to agonize over whether the rally is real let me explain there are tons of managers you think the market should never rally because stocks go up on hype and hope but go down on reality money managers talk about it this narrative is understood by the media and those money managers get featured a lot and you know what i totally understand where they're coming from and actually i think that there's somewhat necessary.

qualcomm china vance sprint seven percent
"express scripts" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

01:32 min | 3 years ago

"express scripts" Discussed on MAD MONEY W/ JIM CRAMER

"Each quarter it's really not going to move the needle the best buy back i know right now sitting groups they're buying retiring seven percent of the stock each year it's cities lied behind some of its largest competitors which are buying back a lot less stock still i get it by backs can be tabulated and they are tangible tokens credibility people are always looking to hang their hat on somebody so they hanging on by backs fourth takeovers have become a staple of this market and these deals huge the large record date consider some of these gigantic transactions t mobile bid to buy sprint marathon pete's purchase of endeavor cygnus by express scripts they look let's just throw in book comes failed attempt to acquire qualcomm the real importance of these deals is they tell you the stocks might be cheaper than you think finally fifth so many people were negative going to the sunni season in part because they were worried about rising interest rates but also because they were fade of a trade war with china much of this rally was caused by shortsellers who were forced to cover their bets against fang and against the s and p five hundred whole okay now given all these substantive reasons for the vance with lease credible my is being the one that everybody likes so much the buybacks the most accepted how can it some money managers to agonize over whether the rally is real let me explain there are tons of managers you think the market should never rally because stocks go up on hype and hope but go down on reality money managers talk about it this narrative is understood by the media and those money managers get featured a lot and you know what i totally understand where they're coming from and actually i think that there's somewhat necessary.

qualcomm china vance sprint seven percent
"express scripts" Discussed on Well This Sucks

Well This Sucks

01:49 min | 3 years ago

"express scripts" Discussed on Well This Sucks

"Sri yes sorry but now it's like okay i can get it through my pharmacy this once but then i have to get it through express scripts which is like four sag insurance it's like they're like it gets delivered door yeah it's like an online for supposed to be cheaper it's cheaper so i was like okay that's fine like just do that and then i just got on ladder being like we're no longer covering your drug yes we're no longer car what changes i don't know they're like we're no longer covering the brand name and so you'll have to go to a generic and i'm like no the whole point is that i can't this data jesse's the nita out there has to be some other online pharmacy or something yeah i mean honestly i'm like i'll just get that show from canada you know what i mean i got context from like australia once i oh yes really far really cheap cheap cheap it was like they were because i didn't want to go to the doctor to get a new prescription they wouldn't fill my prescription here because it was expired just like when i think maybe i went on it was probably amazon and they were just like might be canada but i like to think it was austrailia definitely australia yeah it was when i was when i just moved here remember it it was was a a whole whole gang gang i was all heated to because i'm like i have to do that every so often because i've really bad vision and they i need to go to the doctor in order to get this prescription which is ridiculous because the doctor don't the money or don't have the time i can't fucking see i can't go throughout my day if i don't have contacts.

express scripts jesse australia amazon
Walmart talking with Humana on closer ties; acquisition possible: sources

Marketplace All-in-One

02:02 min | 3 years ago

Walmart talking with Humana on closer ties; acquisition possible: sources

"Mart's pharmacies a closer relationship could allow humana patients to seek basic services like lab testing at walmart it's a service the company began providing last summer talks about potential deal between walmart and humana follow previous acquisitions pairing retailers with health services providers in december cvs agreed to buy aetna and in march cigna plan to purchase express scripts shares of humanitarian more than ten percent in after hours trade on the news in london i'm the bbc's victoria craig for marketplace let's do the numbers markets in the us europe in many parts of asia closed today for good friday but in tokyo and shanghai we're trading was open stocks capped off the first quarter on a high note ending in positive territory now in the past positive statistics from sub saharan africa were hard to come by but a new world bank report says the region has achieved big reforms on gender equality shantha they've rajin is acting chief economist of the world bank you told us more countries like kenya like tanzania zambia and dr congo all have made substantial strides in the last two years for instance dr congo has introduced legislation on all aspects of entrepreneurship starting a business getting access to credit signing a contract and even working women and men are exactly equal that's really quite a profound change although to be careful the it's a change in the law then there's the issue of implementation it's quite shameful that what is it well over a hundred and five countries out of one hundred eighty nine so it's more than half still have laws restricting what kinds of occupations women can work in and this ranges from things like agriculture manufacturing to construction work you would think that by now we've gotten over the idea that these occupations are not for women one of the things i found was their occupations where the workers have to lift weights that they've actually said it's not good for women.

Walmart Victoria Craig United States Asia Kenya Zambia Dr Congo London Tokyo Shanghai Acting Chief Tanzania Ten Percent Two Years
"express scripts" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:13 min | 3 years ago

"express scripts" Discussed on MAD MONEY W/ JIM CRAMER

"That kind of analysis i had cigna ceo knee other day david cordani and they're closely with you do you expect changes when they finish their merger with express scripts oh i think our company will continue to pursue the same growth opportunities overall cigna is a very fine company a good partner of ours and certain aspects of our business and we look forward to continuing to work with them there's no reason to think that you can right it's not either or no it's not either or at all visit day where healthcare won't be such a huge part of the gdp won't be growing faster than the gene i can envision a day where it happened yes for sure i if you look forward to the future call seven eight nine ten years out i think you're going to see the the real strong implications of technology on helping her tail healthcare costs i think the systems of the benefits and the health systems broadly going to more value based mechanisms will will drive greater efficiency and effectiveness in healthcare now we are up against a a series of macro demographic trends with an aging population at eighty six percent of the healthcare costs are driven by by chronic disease that's not gonna shift anytime soon well do you think that you can manage a drug prices and i say that because this coupon initiative is one that i on a customer right i want to know more about it because the one thing i know is that their drugs that i really want and the prices are too high but i see in candidate other place they got coupons how do i are you in favour of or are you going to help me get actually get drug prices are too high and we work every day to bring greater ford ability for drugs for consumers like we did announce a few weeks back where bring greater discounts at the point of service for consumers deal was it would get j jeff basis is in the news every day about something that that nothing's been done this was something that i was at kohl's yesterday they about kohl's cash this is united health cash why are we talking about it more.

partner kohl ceo david cordani express seven eight nine ten years eighty six percent
"express scripts" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:13 min | 3 years ago

"express scripts" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"That kind of analysis i had cigna ceo knee other day david cordani and they're closely with you do you expect changes when they finish their merger with express scripts oh i think our company will continue to pursue the same growth opportunities overall cigna is a very fine company a good partner of ours and certain aspects of our business and we look forward to continuing to work with them there's no reason to think that you can right it's not either or no it's not either or at all visit day where healthcare won't be such a huge part of the gdp won't be growing faster than the gene i can envision a day where it happened yes for sure i if you look forward to the future call seven eight nine ten years out i think you're going to see the the real strong implications of technology on helping her tail healthcare costs i think the systems of the benefits and the health systems broadly going to more value based mechanisms will will drive greater efficiency and effectiveness in healthcare now we are up against a a series of macro demographic trends with an aging population at eighty six percent of the healthcare costs are driven by by chronic disease that's not gonna shift anytime soon well do you think that you can manage a drug prices and i say that because this coupon initiative is one that i on a customer right i want to know more about it because the one thing i know is that their drugs that i really want and the prices are too high but i see in candidate other place they got coupons how do i are you in favour of or are you going to help me get actually get drug prices are too high and we work every day to bring greater ford ability for drugs for consumers like we did announce a few weeks back where bring greater discounts at the point of service for consumers deal was it would get j jeff basis is in the news every day about something that that nothing's been done this was something that i was at kohl's yesterday they about kohl's cash this is united health cash why are we talking about it more.

partner kohl ceo david cordani express seven eight nine ten years eighty six percent
"express scripts" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

01:44 min | 3 years ago

"express scripts" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Today though we got another huge deal a massive sixty seven billion dollar transaction signalled the big health insurance by express scripts the pharmacy benefit manager and it did it night the whole health care sector singers own stock it just got a collaborated glen burn and not just the way you normally expect when the arbitrage guy start betting gets in acquire it's pain cash and stock no finished they down more than eleven percent quite shocking ashley as a source left the company to pay too much or express scripts simply won't make them and up money this is something cigna the supersleek disc we with when they came want squawk on the street this morning i thought the made a compelling argument i think it's positive i think suggest stock as of today i you got it more important in the deal is good for the entire stock market because the animals to cover this business had a very low opinion of express scripts just lost one of its key clients anthem which represented about thirty percent of its sales it singh was one of the best smartest players need tyre industry and they still decided to buy express scripts they still side it was still worth a great deal more money than it was trading for in other words wall street may think that the stock of express scripts was overvalued coming today session but cigna believed it was undervalued you know what i'll take sing this judgement over wall street's any day of the week this kind of thing reverberates we need a bonafide and takeover from real company it makes you feel like the market is legitimate underpinnings like these valuations aren't totally crazy at some businesses are deep worth more than their stocks are selling for and that's positive for car this of gary cohn sex from the white house to the impact that these tariffs or the you'll and the 10year treasury spikes to three percent that is something you could see.

express ashley white house express scripts singh gary cohn sixty seven billion dollar eleven percent thirty percent three percent 10year
"express scripts" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

01:44 min | 3 years ago

"express scripts" Discussed on MAD MONEY W/ JIM CRAMER

"Today though we got another huge deal a massive sixty seven billion dollar transaction signalled the big health insurance by express scripts the pharmacy benefit manager and it did it night the whole health care sector singers own stock it just got a collaborated glen burn and not just the way you normally expect when the arbitrage guy start betting gets in acquire it's pain cash and stock no finished they down more than eleven percent quite shocking ashley as a source left the company to pay too much or express scripts simply won't make them and up money this is something cigna the supersleek disc we with when they came want squawk on the street this morning i thought the made a compelling argument i think it's positive i think suggest stock as of today i you got it more important in the deal is good for the entire stock market because the animals to cover this business had a very low opinion of express scripts just lost one of its key clients anthem which represented about thirty percent of its sales it singh was one of the best smartest players need tyre industry and they still decided to buy express scripts they still side it was still worth a great deal more money than it was trading for in other words wall street may think that the stock of express scripts was overvalued coming today session but cigna believed it was undervalued you know what i'll take sing this judgement over wall street's any day of the week this kind of thing reverberates we need a bonafide and takeover from real company it makes you feel like the market is legitimate underpinnings like these valuations aren't totally crazy at some businesses are deep worth more than their stocks are selling for and that's positive for car this of gary cohn sex from the white house to the impact that these tariffs or the you'll and the 10year treasury spikes to three percent that is something you could see.

express ashley white house express scripts singh gary cohn sixty seven billion dollar eleven percent thirty percent three percent 10year
"express scripts" Discussed on Marketplace All-in-One

Marketplace All-in-One

02:00 min | 3 years ago

"express scripts" Discussed on Marketplace All-in-One

"A healthcare swallow walls a big pale from marketplace in new york i'm sabri benachour in for david brancaccio cigna the health insurer has announced plans to buy the pharmacy benefits manager express scripts in a sixty seven billion dollar cash and stockdale it's the latest example consolidation in the health care industry marketplace's mariel sagarra has been following this marielle will you tell us about these two companies and also what is the pharmacy benefits manager so cigna is the public health insurance company with a market capper around forty four billion dollars express scripts is also public it's market capital on forty seven million and as you said its pharmacy benefits manager it's basically a go between in healthcare industry it negotiates prices with drug makers on behalf of insurance companies and employers it also partners with pharmacy is like cbs and rite aid to get prescription drugs to patients so why are those two things merging i mean everybody else is doing it cbs's is by in the health insurer aetna walgreens is buying part of rightaid so their competitors are getting bigger also they may be going up against amazon soon the company known for disrupting industries there's talk that it might start delivering prescription drugs so the idea is this merger could help cigna and express scripts compete got it marketplace's meals aguirre thank you the white house says it'll formalize its plan to levy tariffs on aluminum and steel today this is over the objections of a hundred and seven gop lawmakers who've sent a letter urging the president to reconsider the eu has threatened to retaliate on american goods economists point out that the us already has extremely high tariffs on chinese steel so these new tariffs would mostly hurt allies investors have been digesting these developments over the past week it's been a bit of a bumpy ride in stocks but they also have their eyes on economic trends here at home tomorrow is the first jobs report since the last one that preceded a violent market correction dance wong is chief economist.

white house gop amazon walgreens chief economist us eu president new york express cbs mariel sagarra david brancaccio sabri benachour forty four billion dollars sixty seven billion dollar