The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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Gravity

GROSS ~$402B/yr routed — Caremark PBM 75M+ members, ~9,100-9,600 pharmacies (~1/5 of US scripts), Aetna medical members; a payer-PBM-pharmacy triple choke-point.

med confidence · as of 2026-07-26 · about Cvs Health

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the working

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