60 Minutes: The Rockford File

May 10, 2018
Courtesy of CBS 60 Minutes

“The underlying problem we have with prescription drugs in this country is that every single actor has the potential to make money when drug prices go up.”

Dr. Bach talked with 60 Minutes’ Lesley Stahl about the financial incentives of each party involved in the supply chain of HP Acthar, a drug that increased 100,000% in 17 years. He focused on the role of the pharmacy benefit manager (PBM) and the push in prescribing HP Acthar over a cheaper alternative by physicians. His feature was part of an investigation brought on by the City of Rockford, Illinois to combat the astronomical price of this drug on the City’s health care budget.