PBMs

2 statements across 1 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Nov 11, 2025 by Dave Ricks · across every show →

Everything said about PBMs, oldest first

Nov 11, 2025 negative
Opinion
Ricks: PBM rebate incentives should be eliminated as unethical
“These PBMs and there's some group purchasing organizations like this. That should go away. And I think health is different than other commodities. It's probably has a much more important social role in deciding that the smallest, the little guy gets the worst …”
Dave Ricks Nov 11, 2025 ▶ 39:48 Dave Ricks, CEO of Eli Lilly, on GLP-1s and the business of pharma
Nov 11, 2025 negative
Assertion Partly supported
Ricks: Insurers initially refused to cover Eli Lilly's discounted generic insulin
“In the first year, no formularies covered this. So it was really only for that cash payer. No insurance company picked it up, even though it was dramatically cheaper. Now it's about half of the volume, but still half not because that model of this margin sprea…”
Dave Ricks Nov 11, 2025 ▶ 44:56 Dave Ricks, CEO of Eli Lilly, on GLP-1s and the business of pharma
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