The PBM Truth Podcast

FULLDISCLOSURE

Where Healthcare Benefits Get Real

The pharmacy benefit management industry operates in the shadows. Hidden fees. Spread pricing. Rebate games that cost employers millions. We pull back the curtain — one episode at a time.

Full Disclosure Podcast
🎙Real Conversations
🛡Real Insights
💥Real Impact
The People Behind the Mic

MEET YOUR HOSTS

Full Disclosure is built for brokers, consultants, employers, TPAs, and healthcare leaders who want direct conversations without the industry fog.

Andy Rodriguez and Chris — hosts of Full Disclosure Podcast
Host

ANDY RODRIGUEZ

Director of Business Development focused on helping benefits leaders understand pharmacy spend, fiduciary accountability, and smarter PBM strategy.

Host

CHRIS

Director of Business Development

Healthcare benefits professional bringing practical insight, direct questions, and real-world perspective to the issues employers and brokers face every day.

About the Show

NO FLUFF.
NO SPIN.

Full Disclosure is a podcast dedicated to exposing the truth about pharmacy benefit management. Each episode breaks down how PBMs operate, how plan sponsors and brokers can protect themselves, and what fiduciary accountability actually looks like in practice.

"A podcast about healthcare, culture,
and the truth in between."

The PBM industry moves hundreds of billions annually through a system engineered to obscure costs, inflate spreads, and hide who is actually getting paid. Brokers, HR leaders, CFOs, and plan sponsors deserve the facts.


Start Listening Watch on YouTube
$500B
Annual PBM drug spend in the US
3
PBMs controlling 80% of the market
0%
Spread pricing at our sponsor
100%
Rebate passthrough to the plan
What We Cover

THE REAL CONVERSATIONS

01

PBM Truth

Spread pricing, rebate retention, contract games, and the financial incentives most employers never get to see.

02

Fiduciary Risk

What brokers, consultants, plan sponsors, and employers need to understand before recommending or renewing a pharmacy benefit strategy.

03

Employer Cost Strategy

Practical conversations around self-funded plans, pharmacy costs, vendor alignment, and benefit decisions that impact the bottom line.

01
The Founders
An inside look at how DisclosedRx was built -- featuring Zack Robinson, co-founder of the fully disclosed PBM that is changing how employers think about pharmacy benefits.
Listen Now ▶ Play
02
Spread Pricing
Brian Schram, VP at DisclosedRx, breaks down exactly how PBMs use spread pricing to extract hidden profits from employer health plans -- and what plan sponsors can do about it.
Listen Now▶ Play
03
Dave Chase -- Health Rosetta
Dave Chase, founder of Health Rosetta, joins the show to discuss the movement reshaping how employers purchase healthcare and why transparency is the only path forward.
New--
04
The Evolution of the Broker's Role
Winston Walters of HUB International joins Andy and Chris to talk about how the broker's role is being redefined by fiduciary standards, employer expectations, and market disruption.
New--
05
Biosimilars and Prior Authorization
Erik Abel joins to break down two of the most complex and misunderstood forces in pharmacy benefits -- biosimilar substitution and the prior authorization process that too often blocks access to care.
New--
06
The Self-Funding Tipping Point
Katrina Johnson of Gallagher (AJG) discusses the moment employers realize self-funding is no longer just for large groups -- and what it takes to make the transition successfully.
New--
07
Carve-Out Restrictions and Fiduciary Liability
A deep dive into how PBM contract carve-outs create hidden fiduciary exposure for plan sponsors -- and why most brokers are not having this conversation with their clients.
New--
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MAKE NOISE.

We are looking for brokers, attorneys, plan sponsors, clinicians, and industry insiders ready to speak plainly about what is broken — and what it takes to fix it.

Email Us
info@fulldisclosurepodcast.org
🎙
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📍
Based In
San Diego, CA — Recording Nationwide
Available Now

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