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State Auditor Warns Montanans about Multi Level Marketers

State Auditor Warns Montanans about Multi Level Marketers
Montana State Auditor and Insurance Commissioner Troy Downing spoke to KGVO on Tuesday to let consumers know about the possible risks of multi-level marketing or MLM’s, especially those that don’t comply with Montana law in registering with the State Auditor’s office.
“We re looking at multi level marketing programs, and we have a code on the books that requires them to register with this office, and the problem is that very few of them do,” said Downing. “There s a bunch of them operating in the state and we ve got about 10 of them that have registered. So we re starting to crack down on those that haven’t.” ....

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Commissioner on PBM's and Skyrocketing Home Replacement Costs

Commissioner on PBM’s and Skyrocketing Home Replacement Costs
Montana State Auditor and Insurance Commissioner Troy Downing spoke to KGVO News on Tuesday to discuss a bill about to be signed by Governor Gianforte that will give his office a better handle on prescription drug costs due to Pharmacy Benefit Managers.
“It is one of the biggest growth areas in patient care,” said Downing. “I spoke to the folks over at Blue Cross Blue Shield awhile back and they said that almost a third of the money that they re spending on patient care is going into prescription drugs, and if you think about that, of all the money that they spend on surgeries, on hospitalizations, on treatments, everything that they do, that a third of that is going to prescriptions, and that s a growing part of patient care costs.” ....

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Commissioner on PBM's and Skyrocketing Home Replacement Costs

Commissioner on PBM's and Skyrocketing Home Replacement Costs
newstalkkgvo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newstalkkgvo.com Daily Mail and Mail on Sunday newspapers.

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Is your insurance company doing what they're supposed to?

Is your insurance company doing what they're supposed to?
havredailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from havredailynews.com Daily Mail and Mail on Sunday newspapers.

United States , Comparative Negligence , Modified Comparative Negligence , Comp Neg , Montana State Auditor , ஒன்றுபட்டது மாநிலங்களில் , மஂட்யாந நிலை தணிக்கையாளர் ,

Insurance Commissioner on SB 395 and Pharmacy Benefit Managers

Insurance Commissioner on SB 395 and Pharmacy Benefit Managers
Downing spoke to KGVO News on Tuesday and described the issue.
“I was talking to somebody over at Blue Cross who said that nearly a third of the money that they spend on patient care is going to prescription drugs,” said Downing. “If you think about that all the money that they re spending for surgeries and hospitalizations and doctor s appointments and everything else that I m paying for, that a third of it is going to prescription drugs.”
He explained the role of a Pharmacy Benefit Manager.
“One of those middle players is called a PBM or a Pharmacy Benefit Manager, and they manage the prescription drug programs for these health plans,” he said. “They work with the drug manufacturers and they try to get bulk discounts and do what they can on the manufacturers and they work with the pharmacies and they put together with these plans, and these formularies.” ....

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