Brad Hart is the owner of Forest Park Pharmacy in Fort Worth, Texas. He switched to a wholesale "no-insurance" business model after he nearly had to close due to disappearing profit margins and having to compete with insurance company owned pharmacies.
He claims Medicaid paid $590 million for 155,000 prescriptions of dimethyl feramate in 2022. At Brad’s pharmacy, that would have cost $10 million, meaning the government overpaid by $580 million on one drug, in one year.
Brad pulls back the curtain on how insurance company middlemen grossly inflate the cost of prescription drugs creating billions in profits for the insurance companies while the bill, as far as Medicaid in concerned, is laid at the feet of the tax paying public.
February 20th, 2025, 04:43 am
Highlights - The John Curley Show
Pharmacy Owner in Texas Reveals the Shocking Amount Insurance Companies Inflate Prescription Prices
00:00
11m
Published February 20th, 2025, 04:43 am
Description
Brad Hart is the owner of Forest Park Pharmacy in Fort Worth, Texas. He switched to a wholesale "no-insurance" business model after he nearly had to close due to disappearing profit margins and having to compete with insurance company owned pharmacies.
He claims Medicaid paid $590 million for 155,000 prescriptions of dimethyl feramate in 2022. At Brad’s pharmacy, that would have cost $10 million, meaning the government overpaid by $580 million on one drug, in one year.
Brad pulls back the curtain on how insurance company middlemen grossly inflate the cost of prescription drugs creating billions in profits for the insurance companies while the bill, as far as Medicaid in concerned, is laid at the feet of the tax paying public.
Share
Highlights - The John Curley Show
Every weekday, John Curley has an irreverent take on the news. From big stories to small ones, they all get the Curley treatment and you’ll be left laughing and thinking about the headlines in different way.
