The Revolt of the Pharmacists Part 1: with Benjamin Jolly

Organized Money

What would you do if you owned an independent pharmacy and you discovered that the only way to actually make money would be to stop filling most prescriptions? This is what our guest Benjamin Jolley sees everyday. As a third generation independent pharmacist, he's watched as an industry of middlemen have taken control over a transaction that they literally have nothing to do with. Pharmacy Benefit Managers, PBMs decide which drugs, the pricing and the supply between patients trying to fill prescriptions and what a pharmacist gets paid. As a result, some 2000 plus pharmacies have closed this year. How did we get here? Matt and David go behind the pharmacy counter to break it all down with Benjamin Jolley.