# Pharmacy PBM model is disappearing

**URL:** <https://forum.fudiabetes.org/t/pharmacy-pbm-model-is-disappearing/14064>\
**Category:** Share\
**Tags:** pharmacy\
**Created:** [August 18, 2023, 7:00am UTC](https://forum.fudiabetes.org/t/pharmacy-pbm-model-is-disappearing/14064 "2023-08-18T07:00:52Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![John58](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.fudiabetes.org/john58/32/147_2.png) [@John58](https://forum.fudiabetes.org/u/John58)\
**Post date:** [August 18, 2023, 7:00am UTC](https://forum.fudiabetes.org/t/pharmacy-pbm-model-is-disappearing/14064/1 "2023-08-18T07:00:52Z")

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> **[CVS stock plunges after Blue Shield of California drops retailer's pharmacy...](https://www.cnbc.com/2023/08/17/cvs-stock-blue-shield-of-california-drops-pbm-services.html)**
>
> Blue Shield's announcement hints at the potential for health insurers to abandon the traditional pharmacy benefit management system.

The insurers are starting to drop the PBMs…

California insurers insure about 1/8 of the US population, so whatever starts there will eventually spread throughout the country. Can’t happen soon enough! Next the powers that be can fix Medicare pharmacy coverage.

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**Author:** ![jbowler](https://avatars.discourse-cdn.com/v4/letter/j/e274bd/32.png) [@jbowler](https://forum.fudiabetes.org/u/jbowler)\
**Post date:** [August 20, 2023, 12:04am UTC](https://forum.fudiabetes.org/t/pharmacy-pbm-model-is-disappearing/14064/2 "2023-08-20T00:04:24Z")

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According to my wife (who does the stock stuff) the problem was that BCBS of CA swapped to Amazon as a PBM. I’m not sure this is correct; sometimes things get lost in translation, but that is what I understood. It did make sense to me, given the apparent utter failure of Amazon to be a pharmacy in the US, for Amazon to become a PBM. Presumably the Lawyers worked out how they might be both, but that logic completely escapes me.