NACDS: A Legislative Vehicle Must Include PBM Reform; Inaction is Costing Americans
Nearly four pharmacies are closing every day; Americans are missing out on hundreds of millions in savings just since the last Congress’ end.
NACDS Statement on Advancing PBM Reform through Senate “Hotline”
“By whatever means, the consensus PBM reforms are long overdue and need to be enacted now. The negative impacts of inaction are mounting for Americans and for their pharmacies.”
CNBC’s Cramer: “If [President Trump] wants to put a stake in inflation, he goes after the pharmacy benefit managers”
January 22 Squawk on the Street highlights need for PBM reform, a key piece of NACDS’ “Four Wins to Make America Healthy Again”
In December, President Trump pledged to take on the middlemen in two national TV appearances in one week
NACDS Issues Recommendations to Trump Administration: Four Wins to Make America Healthy Again
“This is an important moment to fix lingering and devastating problems and to leverage tremendous opportunities for Americans and for the pharmacies and pharmacists who serve them.”
NACDS Lauds Congress for CR Negotiations, Declares “Key Votes” in House and Senate to Secure PBM Reforms Crucial for Americans and Their Pharmacies
By finishing this job, Congress would turn momentum into results and make the “most significant federal progress ever in addressing PBMs’ ‘pharmaceutical benefit manipulation’”
In Case You Missed It: President-Elect Trump Affirms Commitment to PBM Reform in Two National Media Events in One Week
At a news conference today at Mar-a-Lago, President-elect Donald Trump said the following:
“We are paying far too much, because we are paying far more than other countries. We have laws that make it impossible to reduce [drug costs] and we have a thing called a ‘middleman’ … that makes more money than the drug companies, and they don’t do anything except they’re middlemen. We are going to knock out the middleman.” WATCH THE CLIP
Trump’s statement today follows his remarks on December 8 during an interview on Meet the Press:
“We’re going to do a lot of things. Number one, we’re going to reduce prices – because the middleman makes more money than the drug companies in all fairness to the drug companies. There’s a middleman that nobody even knows who they are.” WATCH THE CLIP MORE PBM REFORM NEWS
Pharmacy Groups to “Key Vote” Continuing Resolution with Real PBM Reforms
“Yes” on CR with specific Medicaid and Medicare reforms is essential to confront PBM tactics that inflate American’s prescription drug costs, force pharmacy closures, and block access to Americans’ pharmacies of choice
NACDS to Capitol Hill: Stand Strong on PBM Reform Amid PBMs’ “Predictable and Cynical Ploys to Sabotage Congress’ Hard Work”
NACDS: “As the continuing resolution is finalized, Americans and their pharmacies are watching and waiting for real PBM reform now to lower drug costs and to protect pharmacy access”.
To Congressional Leaders: Bipartisan, All-Branches, All-Levels of Government Support for PBM Reform Can’t be Ignored
The overwhelming realization is that PBM reform must be included in 2024 year-end Congressional legislation
In Case You Missed It: Joint Op-ed by National Association of Manufacturers and NACDS Calls for PBM Reform Now
Entitled “Congress, Don’t Waste the Work Done for PBM Reform,” the piece urges the enactment of PBM reforms in Medicare and Medicaid this year
