I THINK THAT WE'RE GOING TO SEE SOON, THEY WILL ALSO DISCOVER THAT THE AGENCY THAT PROTECTS THE SAFETY OF KIDS TOYS, THE AGENCY, MY FORMER AGENCY, THE FTC THAT BANS MARTIN THE FEDERAL RESERVE, THEY DON'T INDEPENDENT. THOSE DON'T NEED TO BE INDEPENDENT. THE ONE AGENCY THAT DOES NEED TO BE INDEPENDENT IS THE FEDERAL RESERVE.THEY DON'T BELIEVE BELIEVE IN CHECKS AND BALANCES. THEY BELIEVE IN THEIR RETIREMENT ACCOUNTS. AND, ROHIT, I DO HAVE TO SAY I SHARE IN THE PRESIDENT'S GRIEVANCE A LITTLE BIT THAT THERE WAS ...

Core Insights - The proposed regulation by the U.S. Department of Labor aims for "radical transparency" from Pharmacy Benefit Managers (PBMs), which could significantly impact the profitability of major health companies like UnitedHealth, CVS, and Humana [2][3][5] Group 1: Regulatory Changes - The new DOL regulation requires PBMs to disclose their compensation to self-insured group health plans, affecting approximately 90 million Americans [3] - The regulation targets hidden fees and distorted incentives within the healthcare system, emphasizing that transparency will benefit American workers and their families [3] - The timing of the proposed rule coincides with increased scrutiny over how PBMs manage rebates, particularly allegations of using "shell companies" to obscure fees [3][4] Group 2: Financial Practices of PBMs - Reports indicate that PBMs often claim to pass through 100% of rebates to customers but may instead funnel money through subsidiaries, including those in "ghost offices" in Ireland and Switzerland [4] - The DOL regulation is designed to close loopholes by ensuring that compensation through Group Purchasing Organizations (GPOs) or rebate aggregators is disclosed to plan fiduciaries [5] - Key financial practices under scrutiny include spread pricing, rebates, and clawbacks, which are critical to understanding the financial dynamics between PBMs, health plans, and pharmacies [6]

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It was only 2022 when you launched cost plus. It seems as though we've been having this conversation for a long time. >> Yeah.>> So much has happened in those three years. >> Where do you feel you are. Are you where you thought cost plus would be.>> Honestly, from the day we launched with 111 medications, we're so much further than I ever expected. Um the response has just been through the roof. And realize we don't spend a nickel on advertising or marketing.It's all word of mouth and we've had I mean we've ...