PBM trade group pushes back on House bill targeting spread pricing
The House Committee on Oversight and Accountability voted to advance another PBM reform bill. Here’s how the PBM industry responded.
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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 the House of Representatives.