Pharmacies Act News Today

The House Committee on Oversight and Accountability voted to advance another PBM reform bill. Here’s how the PBM industry responded.

Last week, the Senate Finance Committee introduced S. 2973, the Modernizing and Ensuring PBM Accountability Act. Chairman Ron Wyden (D-Ore.) and Ranking Member Mike Crapo (R-Idaho) stated that this package would bring more transparency, accountability and competition to pharmacy benefit manager practices in the pharmaceutical supply chain.

Last week, the Senate Finance Committee introduced S. 2973, the Modernizing and Ensuring PBM Accountability Act. Chairman Ron Wyden (D-Oregon) and Ranking Member Mike Crapo (R-Idaho) stated that this package would bring more transparency, accountability and competition to pharmacy benefit manager (PBM) practices in the pharmaceutical supply chain.

Below is Alston & Bird’s Health Care Week in Review, which provides a synopsis of the latest news in health care regulations, notices, and guidance; federal legislation and...

ALEXANDRIA, Va. (July 26, 2023) – The National Community Pharmacists Association is pleased to support the Modernizing and Ensuring PBM Accountability Act, which is a comprehensive pharmacy benefit manager reform package sponsored by Senate Finance Committee Chairman Ron Wyden (D-Ore.) and Ranking Member Mike Crapo (R-Idaho). The package advanced out of the committee today in a bipartisan vote of 26-1. The next step would be a vote before the full Senate, followed by possible consideration in ...

Yesterday was a big step for the Modernizing and Ensuring PBM Accountability Act, a PBM reform package supported by NCPA, which advanced in a bipartisan vote of 26-1 to a vote of the full Senate. The package contains several provisions to enhance transparency into PBM-insurer operations, improve patient access to community pharmacies, and ensure fair pharmacy reimbursements that are based on actual acquisition and dispensing costs. After a full Senate vote, the next stop would be consideration b...

On June 21, the United States Congress took another step forward in its scrutiny of pharmacy benefit managers (PBMs) to "put an end to the hidden clawback fees that are squeezing...

Arlington, VA (PRWEB) June 21, 2023 -- Organizations representing pharmacists and pharmacies are applauding the Protect Patient Access to Pharmacies Act (S.

Dear Colleague,

On June 20, Sens. Jon Tester (D-Mont.), Shelley Moore-Capito (R-W.Va.), Sherrod Brown (D-Ohio), and James Lankford (R-Okla.) introduced the Protect Patient Access to Pharmacies Act (S. 2052). This bill provides long-sought reform of abusive business practices that have permitted the monstrous growth of direct and indirect remuneration fees collected by Medicare Part D plans from pharmacies that are resulting in pharmacy closures throughout neighborhoods.