AffirmedRx, a Public Benefit Corporation

In 2022, Americans abandoned 94 million prescriptions because they couldn’t afford them. For every $1 increase in a drug’s list price, patients paid $2.09 more out of pocket—while pharmacy benefit managers (PBMs) pocketed larger rebates. Congress needs to take action to stop the three big PBMs, which control 80% of the market, from driving up costs, forcing patients into their own high-priced pharmacies and putting local pharmacies out of business. ? The solutions are simple and ready to implement: -Full transparency in?PBM pricing and rebate practices. -Delinking PBM compensation from drug prices to remove incentives for higher costs. -Sharing negotiated savings directly with patients at the pharmacy counter The evidence is clear, and bipartisan support for reform exists. Yet Congress has failed to act. Each day of delay costs families, businesses and local communities millions. ? With just weeks left in this legislative session, Congress must pass PBM reform now. Patients cannot afford another year of price-gouging and abandoning prescriptions. ? Read AffirmedRx’s Greg Baker’s piece published today in The Lane Report and demand Congress take immediate steps to fix this system: https://lnkd.in/ecX2BVu2

In 2022, Americans abandoned 94 million prescriptions because they couldn’t afford them. For every $1 increase in a drug’s list price, patients paid $2.09 more out of pocket—while pharmacy benefit managers (PBMs) pocketed larger rebates. Congress needs to take action to stop the three big PBMs, which control 80% of the market, from driving up costs, forcing patients into their own high-priced pharmacies and putting local pharmacies out of business. ? The solutions are simple and ready to implement: -Full transparency in?PBM pricing and rebate practices. -Delinking PBM compensation from drug prices to remove incentives for higher costs. -Sharing negotiated savings directly with patients at the pharmacy counter The evidence is clear, and bipartisan support for reform exists. Yet Congress has failed to act. Each day of delay costs families, businesses and local communities millions. ? With just weeks left in this legislative session, Congress must pass PBM reform now. Patients cannot afford another year of price-gouging and abandoning prescriptions. ? Read AffirmedRx’s Greg Baker’s piece published today in The Lane Report and demand Congress take immediate steps to fix this system: https://lnkd.in/ecX2BVu2

Happy World Kindness Day from AffirmedRx!??? Today, we're reminded of the power of kindness to brighten someone's day and make the world a better place. Let's spread kindness like confetti, not just today, but every day. ? Whether it's a smile, a kind word, or a small gesture, let's make a positive difference in the lives of those around us. Together, we can create a world filled with compassion and empathy. #WorldKindnessDay #AffirmedRx #SpreadKindness???

?? Uncover the Potential of Pharmacogenomics with AffirmedRx! ?? We're excited to share our latest blog post diving into the world of pharmacogenomics and its impact on personalized medicine. Discover how understanding genetic differences can enhance medication effectiveness, reduce adverse effects, and pave the way toward a more tailored healthcare experience. ?? Read more on our website: https://lnkd.in/eaC_rhH4 #Pharmacogenomics #PersonalizedMedicine #AffirmedRx #PharmacyBenefits #InnovationInHealthcare

Honored to spotlight our partnership with Pittsburgh Business Group on Health (PBGH)! Together, we're working to bring greater transparency and fairness to the pharmacy benefits space, ensuring employers and employees alike benefit from accessible, cost-effective care. Check out PBGH’s latest insights into the PBM industry and see why this partnership is so valuable to us and those we serve. #PBMTransparency #PatientCenteredCare #AffirmedRx

Join AffirmedRx and the National Alliance in transforming the PBM industry! The pharmacy benefits space has long been dominated by lack of transparency and increasing consolidation, driving up costs and making it harder for people to get the care they need. At AffirmedRx, we’re doing things differently—putting patients first and being fully transparent about costs. We're thrilled to support?National Alliance of Healthcare Purchaser Coalitions?as they launch the?PBM Hub?at the Annual Forum in Arlington, VA. This groundbreaking initiative brings together forward-thinking employers, purchasers, and innovative PBMs to foster collaboration, education, and innovation for a better future in healthcare. The PBM Hub session is free for employers, purchasers, and National Alliance members. Register here:? https://lnkd.in/e6mKMvR2 Let’s make healthcare better, together! #HealthcareTransparency #NationalAlliance #AffirmedRx #PharmacyBenefits

???Insightful findings from the National Alliance of Healthcare Purchaser Coalitions' annual Pulse of the Purchaser survey!??? We’re encouraged to see employers embracing?innovative purchasing strategies?like value-based drug formularies and tiered networks, resulting in lower healthcare costs and improved outcomes. At AffirmedRx, we believe in these approaches too—our transparent model is built to drive real, sustainable change in the pharmacy benefit space. Key survey takeaways: ???Value-based formularies = 3x more likely to lower costs ???Tiered networks drive patients to better providers ???Direct contracting eliminates unnecessary costs Employers are increasingly recognizing the need for?PBM reforms, transparent pricing, and flexible strategies?to mitigate rising costs. We're proud to be part of this movement, aiming to make healthcare more accessible and equitable for everyone. Check out the full survey results to see how employers are shifting strategies:?https://lnkd.in/e7b3pzr8 #PBM #HealthcareCosts #Transparency #EmployerBenefits #AffirmedRx

This survey reinforces a problem employers can’t ignore: nearly 50% of Americans say they can’t afford their medications, which affects their health and productivity. For employers offering health benefits, this is a chance to rethink pharmacy benefit design. As a transparent PBM, we believe employees deserve easier access to affordable prescriptions. By committing to full transparency in drug pricing, employers can provide direct savings while enhancing employee well-being. Imagine a healthcare experience where every detail is clear, and every decision is made with confidence. AffirmedRx shines a light on your pharmacy benefits, ensuring you're never in the dark. It’s time to consider a new approach to drug?benefits.? Don't wait - the time is now! ?? Call us today to find out more! https://lnkd.in/e8msUPsn #HealthcareCosts #PharmacyBenefits #TransparentPBM #EmployeeHealth

This isn’t just business—it’s life or death. PBMs have a tight grip on drug prices, and real people are suffering. Our CEO, Greg Baker, is featured in this hard-hitting short film, “The Modern Medical Mafia,” which exposes the ugly truth about the PBM industry. Led by the "Big 3," these companies control everything—pharmacies, mail orders, and fulfillment—and it’s costing lives. Patients are dying because they can’t afford the medications they need. The film uncovers how inflated prices, hidden rebates, and lobbying put profits over patients. It’s time to speak up and demand transparency. We must put patients first, not profits. Watch "The Modern Medical Mafia" and join us in the fight for fairer healthcare. https://lnkd.in/e76nU75h #PBMReform #HealthcareForAll #ModernMedicalMafia #AffirmedRx #PBM #pharmacybenefits Antonio Ciaccia Mark Cuban Dan Strause Mary Strause Jake Auchincloss Bil Schmidtknecht