The Federal Trade Commission, which is reviewing the business practices of the largest PBMs – including CVS, Express Scripts, OptumRx, and Humana – grilled two nominees on the subject at their confirmation hearing.
Of course, there's no magic bullet when thinking through these challenges, but most industry experts have determined that a series of strategically placed interventions that are highly customized, thoughtfully executed, and carefully measured will provide the greatest chance of achieving success.
Three influential medical organizations say the reimbursement proposal reductions for 2024 - a 3.3% cut in the conversion factor, the formula used to determine Medicare's physician payments - would hurt providers.
"At the manager level, communication and flexibility can make or break a working parent's ability to handle their plate along with the important needs of their home life.," says Wes Burke.
The labor market and consumer spending have remained resilient despite the rate hikes (the last one in July), but a resumption of student-loan payments next month will take discretionary spending power out of consumers' hands.