
EP 505 ENCORE: Fixing PBM Conflicts - With Susan Thomas
Published: December 2, 2025
Duration: 24:56
Pharmacy benefits shouldn’t feel like a black box. We sit down with Susan Thomas, Chief Commercial Officer at Lucy Rx, to unpack why drug costs keep rising and what it takes to build a benefit that serves patients and plans—not middlemen. Susan started as an oncology nurse and moved into PBM leadership, and that dual lens shows up in everything we cover: from the real-world stress of waiting days for an oral chemo to the hidden economics of rebate chains and vertically integrated networks.
We dig into the two biggest levers for change. First, formulary auto...