As an independent pharmacist, I have been watching companies like UnitedHealth Group consolidate their power over our health care system for the past 20 years. I can say unequivocally, from personal experience, that this consolidation is bad and only getting worse.
It should come as no surprise to anyone that Minnesota’s independent pharmacies are struggling to survive. A May 25 article in the News Tribune noted that Minnesota has lost nearly 400 independent pharmacies since 1996, more than any other state. These closures were due to unfair contracts pharmacy benefit managers forced pharmacies to sign. Right now, 80% of the prescription-drug market is controlled by just three such managers: CVS Health, Express Scripts, and OptumRx, which is owned by Minnesota’s own mega-corporation UnitedHealth Group...
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