Full Disclosure the Podcast

Chris Estep & Andy Rodriguez
  • 5.0 (1)
  • Medicine

Full Disclosure is an independent podcast dedicated to exposing the truth about pharmacy benefit management. Each episode breaks down how PBM operate, how plan Sponsors and brokers can protect themselves, and what fiduciary accountability actually looks like in practice. Topics cover includes spread Pricing, rebate transparency, CAA compliance, ERISA fiduciary obligation, and the litigation wave reshaping how employers manage pharmacy benefits. No fluff, No spin. Just the facts the industry tries to hide from you. Visit our website at www.fulldisclosurepodcast.org

Episodes

  1. Aug 27

    Episode 5: The Evolution of the Broker's Role

    In this episode of Full Disclosure, Chris Estep and Andy Rodriguez sit down with Winston Walters of HUB International to talk about how the role of the benefits broker is changing and what it takes to stay relevant in today’s healthcare landscape. The broker’s job has evolved far beyond simply helping employers select an insurance plan. Today, brokers are expected to understand increasingly complex areas like PBMs, compliance, claims data, technology, and emerging healthcare solutions while helping employers make sense of it all. Winston shares his perspective on what separates modern advisors from the traditional broker model, why data literacy has become such an important skill, and how technology is changing both employee expectations and the way benefits strategies are built. The conversation also explores the importance of continuous education, helping employers better understand where their healthcare dollars are going, and why brokers who are willing to challenge the status quo may be best positioned for the future. In this episode: How the broker’s role has evolvedWhy understanding healthcare and pharmacy data mattersThe growing importance of technology and digital health solutionsHow brokers can help employers make more informed decisionsThe skills benefits advisors will need to succeed in 2026 and beyondWhy education, adaptability, and transparency are becoming essential Whether you’re a broker, employer, consultant, or simply interested in where the benefits industry is headed, this conversation offers a look at what the next generation of benefits advising may look like. Full Disclosure — Where Transparency Takes the Mic.

  2. Aug 13

    Episode 4 Pt. 2: Chris Deacon

    Chris Deacon discusses the complexities of healthcare purchasing, the pitfalls of vertical integration, and how employers can better navigate the system by understanding incentives, transparency, and partner selection.

  3. Jul 27

    Episode 4: Chris Deacon Pt.1

    Healthcare is complicated, but is that complexity protecting employers and patients, or protecting the business models operating behind the scenes? In this episode of Full Disclosure, Chris Estep and Andy Rodriguez sit down with Chris Deacon, healthcare attorney, founder of VerSan Consulting, former public health plan leader, author of The Great American Healthcare Heist, and a nationally recognized voice on healthcare transparency and reform. Chris shares what she has learned from testifying before Congress, leading public health plans, reviewing audits and contracts, and working alongside employers, unions, policymakers, and healthcare purchasing coalitions. The conversation explores why transparency must be the starting point for meaningful reform, what CAA 2026 could mean for fiduciary responsibility, and why employers must look beyond vendor labels to understand the actual functions, incentives, and financial relationships operating within their health plans. They also discuss hidden transaction fees, carrier and PBM relationships, claims data restrictions, stop-loss arrangements, misleading guarantees, and the difference between the lowest price, the best value, and the lowest true net cost. Most importantly, Chris explains what employers should be asking during the proposal and renewal process, which red flags should make them pause, and how the right broker, consultant, PBM, carrier, or healthcare partner should make the employer smarter not make them feel difficult for asking questions. Because employers do not need to have every answer. But if they are responsible for the decision, they should be able to follow the money, understand the tradeoffs, and get clear answers.

  4. Jun 30

    Episode 3: Dave Chase - Health Rosetta

    In this episode of Full Disclosure we sit down with Dave Chase, Co-Founder of Health Rosetta, to talk about what it actually takes to fix a broken benefits system. Dave has been one of the loudest voices challenging the status quo in healthcare, pushing employers, advisors, and plan fiduciaries to stop accepting opaque contracts, misaligned incentives, and “that’s just how it works” as an answer. We dig into the Health Rosetta movement, the importance of fiduciary alignment, the role of transparent PBM contracts, and why tools like Nautilus and Contract X-Ray matter for employers who want to understand what they are really buying. This conversation is about more than pharmacy benefits. It is about employer accountability, smarter plan design, better contracting, and putting the health plan back in service of the people it was built for. Whether you are an employer, broker, consultant, or just someone tired of healthcare shell games, this episode is worth the listen.

  5. Jun 17

    Episode 2: Spread Pricing

    Episode 2: The Truth About Spread Pricing with Brian Schram What exactly is spread pricing—and why has it become one of the most controversial topics in pharmacy benefits? In this episode of Full Disclosure, Chris Estep and Andy Rodriguez sit down with DisclosedRx Vice President of Sales Brian Schram, someone who has seen the industry from nearly every perspective imaginable: broker, employer, and now PBM executive. That unique journey gives Brian a front-row seat to how pharmacy pricing really works—and where employers often get left in the dark. Together, we break down the mechanics of spread pricing, why it's so difficult to identify, how it impacts employer health plans, and why increasing scrutiny from lawsuits, regulations, and employers themselves is bringing the issue into the spotlight. We also discuss what employers and brokers should be asking their PBMs if they want to understand where their pharmacy dollars are actually going. Whether you're a broker, consultant, employer, or simply trying to understand why prescription drug costs continue to rise, this episode offers a candid look at one of the most misunderstood—and costly—practices in healthcare. Topics Covered: • What spread pricing is and how it works • Why employers often don't know it's happening • The incentives driving pharmacy benefit costs • Recent lawsuits and industry scrutiny • CAA 2026 and the future of PBM transparency • Questions every employer should be asking their PBM • What brokers should look for when evaluating pharmacy contracts The more transparent the pricing, the harder it is to hide the spread. 🎙️ Full Disclosure with Chris Estep & Andy Rodriguez — Where Transparency Takes the Mic.

  6. Jun 17

    Episode 1: The Founders

    Episode 1: Why DisclosedRx Exists with Co-Founder Zack Robinson In our debut episode, we sit down with one of the founders of DisclosedRx, Zack Robinson, to discuss the problem he saw in the pharmacy benefits industry and why he decided to build something different. We dive into the realities of spread pricing, rebate retention, hidden revenue streams, and the lack of visibility that many employers face when managing pharmacy benefits. Zack shares the story behind DisclosedRx, the principles that shaped the company, and why they chose a fiduciary-first approach built on transparency, 100% pass-through pricing, full rebate pass-through, and true NDC-11 claim visibility. Whether you're an employer, consultant, broker, or simply curious about how the PBM world really works, this episode provides an inside look at the challenges facing the industry and one company's attempt to change the status quo. Topics covered: • Why DisclosedRx was founded • What spread pricing really is • The rebate debate • Fiduciary responsibility in pharmacy benefits • NDC-11 transparency and why it matters • What employers should be asking their PBM Where Transparency Takes the Mic. 🎙️ This is Full Disclosure with Chris Estep and Andy Rodriguez.

  • 6 Episodes

About

Full Disclosure is an independent podcast dedicated to exposing the truth about pharmacy benefit management. Each episode breaks down how PBM operate, how plan Sponsors and brokers can protect themselves, and what fiduciary accountability actually looks like in practice. Topics cover includes spread Pricing, rebate transparency, CAA compliance, ERISA fiduciary obligation, and the litigation wave reshaping how employers manage pharmacy benefits. No fluff, No spin. Just the facts the industry tries to hide from you. Visit our website at www.fulldisclosurepodcast.org

Information

  • Creator
    Chris Estep & Andy Rodriguez
  • Years Active
    2026
  • Episodes
    6
  • Rating
    Clean
  • Copyright
    © 2026 Chris Estep & Andy Rodriguez