Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Dennis Donovan

(27,492 posts)
Tue Dec 17, 2024, 11:55 AM Dec 17

NYT: Giant Companies Took Secret Payments to Allow Free Flow of Opioids

NYT - Giant Companies Took Secret Payments to Allow Free Flow of Opioids (free link)

Drugmakers including Purdue Pharma paid pharmacy benefit managers not to restrict painkiller prescriptions, a New York Times investigation found.

By Chris Hamby
This is the third article in a series about how pharmacy benefit managers distort the health care system at the expense of patients, employers and taxpayers.

Dec. 17, 2024

In 2017, the drug industry middleman Express Scripts announced that it was taking decisive steps to curb abuse of the prescription painkillers that had fueled America’s overdose crisis. The company said it was “putting the brakes on the opioid epidemic” by making it harder to get potentially dangerous amounts of the drugs.

The announcement, which came after pressure from federal health regulators, was followed by similar declarations from the other two companies that control access to prescription drugs for most Americans.

The self-congratulatory statements, however, didn’t address an important question: Why hadn’t the middlemen, known as pharmacy benefit managers, acted sooner to address a crisis that had been building for decades?

One reason, a New York Times investigation found: Drugmakers had been paying them not to.

For years, the benefit managers, or P.B.M.s, took payments from opioid manufacturers, including Purdue Pharma, in return for not restricting the flow of pills. As tens of thousands of Americans overdosed and died from prescription painkillers, the middlemen collected billions of dollars in payments.

/snip
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
NYT: Giant Companies Took Secret Payments to Allow Free Flow of Opioids (Original Post) Dennis Donovan Dec 17 OP
Free Enterprise is the backbone... dchill Dec 17 #1
Murder is acceptable if you're a CEO. nt. Voltaire2 Dec 17 #2
Did any CEO's go to prison for this ? This was not done with out their consent. republianmushroom Dec 17 #3

republianmushroom

(18,179 posts)
3. Did any CEO's go to prison for this ? This was not done with out their consent.
Tue Dec 17, 2024, 12:52 PM
Dec 17

Secrete payments, how did it show up on their tax forms ?

Latest Discussions»General Discussion»NYT: Giant Companies Took...