Today, 20% are independent, 80% are corporate, and the number that are independent are dropping precipitously because of the economic forces that are a result of these perverse incentives. Site neutrality, which we're fixing is key to that. The wage Area index, reforming the PBMs, that is one of the most anti competitive forces out there. And we're doing that. You've given me legislation which I'm now looking forward to implementing through the regulatory process. And then we need the FTC to file some cases and it's already doing that in the PBM space. (2:13:19–2:13:29)
CLAIM
Asserts that reforming PBMs is addressing one of the most anti-competitive forces in [healthcare].
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
