AHF to Protest CIGNA for Shortchanging Pharmacies: ‘Cigna Doesn’t Care!’
BLOOMFIELD, Conn.--(BUSINESS WIRE)--Oct 17, 2022--
Healthcare advocates from across the country affiliated with AIDS Healthcare Foundation ( AHF ) will protest unethical charges and actions by Cigna via its pharmacy benefits manager (PBM), Express Scripts, to independent and specialty pharmacies providing the sensitive, lifesaving medical needs of individuals living with HIV and other critical illnesses. The protest will take place Tuesday, October 18 th in front of Cigna’s corporate headquarters in Bloomfield, CT.
Express Scripts, the second largest PBM in the US, controls 24% of the market according to Becker’s Hospital Review. In December, 2018, Cigna paid $67 billion to acquire Express Scripts, making it one of the nation’s largest combination medical insurance companies and PBMs.
WHAT: | Health advocates PROTEST Cigna over abuses by its Express Scripts PBM | |
|
| |
WHERE: | Cigna Corporate Headquarters, intersection of Simsbury Rd. & N. Main St., Bloomfield (Avon), CT | |
|
| |
WHEN: | Tuesday, October 18, 2022. 11:00 a.m. (ET) | |
|
| |
WHY: | Cigna’s Express Scripts has been unethically charging arbitrary penalties and fees to independent and specialty pharmacies providing the lifesaving medicines to those living with HIV and other critical illnesses | |
|
| |
WHO: | 25-30 Healthcare advocates with AHF from across the country | |
|
| |
AHF ONSITE CONNECTICUT CONTACTS: | ||
| W. Imara Canady, +1.770.940.6555- cell Imara.Canady@aidshealth.org | |
| Rasheed Gonga, +1.201.241.0927 mobile Rasheed.gonga@ahf.org |
Cigna’s Express Scripts PBM and rivals CVS Caremark and OptumRx have disproportionately impacted access to care for those living with critical illnesses by adding arbitrary penalties and fees to small, independent pharmacies, which has resulted in many patients not having their medicines covered at their pharmacy of choice, thus causing many to fall out of care.
Pharmacy Benefit Managers (PBMs), which began as a way to help patients access drugs they need, have spiraled out of control, with just 3 PBMs—CVS Caremark, Cigna’s Express Scripts and OptumRx—now controlling over 75% of the US market.
“Our David and Goliath battle between independent and smaller pharmacies and PBMs continues with this Cigna protest in Bloomfield Tuesday,” stated Tracy Jones, National Director for Grassroots Mobilization Initiatives for AIDS Healthcare Foundation. “Cigna’s actions rob specialty and independent pharmacies that many patients depend on, preventing those pharmacies from providing the lifesaving medicines and services patients need. The situation has gotten so out of hand that we must continue to speak out against PBM abuses and health care consolidation to help protect struggling smaller mom and pop and independent pharmacies nationwide.”
A concise 3-minute PBM explainer video neatly distills the complex issue into easily understood language and imagery can be found here: ( direct YouTube link ).
AHF Pharmacies are vital to AHF’s mission to provide cutting edge medicine and advocacy regardless of the ability to pay. Our pharmacists and staff work tirelessly with AHF medical providers to keep people living with HIV healthy and virally suppressed. PBMs interfere with that model of care. PBMs are parasitic middlemen that bring no value to patients, creating pharmacy deserts across the United States, as they steadily squeeze specialty pharmacies, preventing patients insured by their parent companies from using specialized pharmacies like AHF’s. They also engage in “take or leave it” contracts that force “claw back” payments known cryptically as “direct and indirect remuneration” (DIR) fees.
AIDS Healthcare Foundation (AHF), the largest global AIDS organization, currently provides medical care and/or services to over 1.6 million individuals in 45 countries worldwide in the US, Africa, Latin America/Caribbean, the Asia/Pacific Region and Eastern Europe. To learn more about AHF, please visit our website: www.aidshealth.org, find us on Facebook: www.facebook.com/aidshealth and follow us @aidshealthcare.
View source version on businesswire.com:https://www.businesswire.com/news/home/20221017006022/en/
CONTACT: W. Imara Canady,National Director, Communications & Community Engagement for AIDS Healthcare Foundation (AHF) +1.770.940.6555- cellImara.Canady@aidshealth.org
Rasheed Gonga, Advocacy, Legislative Affairs & Community Engagement for AHF +1.201.241.0927 mobileRasheed.gonga@ahf.org
KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT
INDUSTRY KEYWORD: WHITE HOUSE/FEDERAL GOVERNMENT HEALTH INSURANCE STATE/LOCAL PUBLIC POLICY INSURANCE HEALTHCARE REFORM PHARMACEUTICAL MANAGED CARE PROFESSIONAL SERVICES PHILANTHROPY ADVOCACY GROUP OPINION INFECTIOUS DISEASES PUBLIC POLICY/GOVERNMENT FOUNDATION AIDS HEALTH
SOURCE: AIDS Healthcare Foundation
Copyright Business Wire 2022.
