In our newest episode, we're joined by Bill Hepscher, the founder of RXManage USA and The Canadian Medstore. Bill is a pioneer in the international medication industry, so we pick his brain about the history of this space, the origin story of his companies, and his thoughts on how the world of international meds has changed over the years. We also take a deep dive into the chaotic world of prescription drugs (are PBMs really the bad guys?), including the current state of international drugs, the impacts of the tariffs, and his predictions on what’s next in the benefits world.
During our wide-ranging discussion, we delve into how the growth of self-funding has crossed over into the international prescription space, including the impacts of GLP1-s on health care costs and employer plans. Bill also explains how current shifts in the regulatory landscape and noise from D.C. are impacting benefits advisors, the employers they work with, and also individuals across the country who are looking to lower their Rx spend.
Along the way, you’ll also hear about a variety of other topics, including Mark Cuban, the tumultuous state of the stock market, a number of current opportunities for innovative benefits advisors, oh, and a little bit about blink-182, Hawaiian shirts, Ferris Bueller and Ben Stein. And if you stick around to the end, we also spend some time discussing the salt life, the life of an industry warrior (and the magic of a home-cooked meal), and the joys of living in beautiful places — the perfect entry point into summer!
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