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NEWSadmin2022-11-16T13:57:04-05:00

In Case You Missed It: FTC to PBMs: That Was Then; This is Now
The FTC on Thursday voted, 3-0, “to issue a statement cautioning against reliance on prior advocacy statements and studies related to pharmacy benefit managers (PBM) that no longer reflect current market realities.”
July 21, 2023

Read Time: 1.1 min.
In Case You Missed It: NACDS Participates in White House Roundtable on Inflation Reduction Act
Through the engagement of the membership, NACDS brought its pro-patient and pro-pharmacy perspective to the IRA during its Congressional consideration and continues to shape the IRA during its implementation.
July 19, 2023

Read Time: 1.1 min.
Pharmacy and Pharmacist Groups Urge FDA to Adopt Phased Approach to Implementation of Enhanced Drug Distribution Security Requirements of Drug Supply Chain Security Act in Order to Prevent Interruptions to Patient Care “Specifically, we request FDA use its authority under the law for dispensers to comply with the EDDS requirements no earlier than February 27, 2026.”
“Specifically, we request FDA use its authority under the law for dispensers to comply with the EDDS requirements no earlier than February 27, 2026.”
July 17, 2023

Read Time: 1.9 min.
In Case You Missed It: Federal Trade Commission Will Vote on Clarifying That Prior Statements and Studies on PBMs “No Longer Reflect Current Market Realities” FTC: “The statement is a response to PBMs' continued reliance on older FTC advocacy materials”
FTC: “The statement is a response to PBMs' continued reliance on older FTC advocacy materials”
July 14, 2023

Read Time: 0.6 min.
Renowned Journalist and National Political Correspondent Ron Brownstein to Speak at NACDS-PAC Event at 2023 NACDS Total Store Expo
Today announced that Ron Brownstein will speak at the NACDS Political Involvement Reception during the 2023 NACDS Total Store Expo, which will be held August 12-14 in San Diego, CA.
July 14, 2023

Read Time: 2.5 min.
NACDS Commends Senate Finance Committee for Scheduling PBM Reform Bill Markup, Pledges Engagement for Real PBM Reform That Addresses Needs of Medicare and Medicaid Patients and Their Pharmacies “S. 1038 and S. 2052 are vital for real PBM reform, and for addressing ‘pharmaceutical benefit manipulation’ that harms the most vulnerable in the Medicaid and Medicare programs.”
“S. 1038 and S. 2052 are vital for real PBM reform, and for addressing ‘pharmaceutical benefit manipulation’ that harms the most vulnerable in the Medicaid and Medicare programs.”
July 13, 2023

Read Time: 1.9 min.
Peggy Noonan to Speak at 2023 NACDS Total Store Expo Renowned columnist, author, political analyst and former presidential speechwriter to lead timely conversation on culture, politics and current events
Renowned columnist, author, political analyst and former presidential speechwriter to lead timely conversation on culture, politics and current events.
June 28, 2023

Read Time: 1.9 min.
In Memoriam: NACDS Mourns Passing, Celebrates Life of Joseph Pedott
The NACDS family is honoring the brilliance and generosity of Joseph Pedott (1932-2023), a long-time supporter of the Association.
June 28, 2023

Read Time: 0.8 min.
Momentum Builds in Advancement and Coverage of PBM Reform From industry trade press, to publications serving the broader business community, to media outlets relied on by government decision-makers, important story lines about pharmacy benefit manager reform continue to generate headlines and attention across the nation.
From industry trade press, to publications serving the broader business community, to media outlets relied on by government decision-makers, important story lines about pharmacy benefit manager reform continue to generate headlines and attention across the nation.
June 22, 2023

Read Time: 2 min.
NACDS Lauds DIR Fee and Pharmacy Access Bill as Vital for PBM Reform Bill aims to preserve seniors’ freedom of pharmacy choice by confronting tactics that bar pharmacies from Part D networks and drive pharmacies out of business
NACDS today praised the bipartisan introduction of the Protect Patient Access to Pharmacies Act (S. 2052) – a bill that would help preserve Medicare beneficiaries’ access to their pharmacy of choice and help stop “pharmaceutical benefit manipulation” that harms patients and pharmacies alike.
June 21, 2023

Read Time: 1.7 min.

NACDS represents traditional drug stores, supermarkets and mass merchants with pharmacies. Chains operate over 40,000 pharmacies, and NACDS’ member companies include regional chains, with a minimum of four stores, and national companies. Chains employ nearly 3 million individuals, including 155,000 pharmacists. They fill over 3 billion prescriptions yearly, and help patients use medicines correctly and safely, while offering innovative services that improve patient health and healthcare affordability. NACDS members also include more than 900 supplier partners and over 70 international members representing 21 countries.

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