NACDS Praises Senate Finance Committee’s Bipartisan Press Toward “Real PBM Reform”
Emphasizes that Congressional action needs to address the needs of Americans on Medicare and Medicaid and their pharmacies, and lauds Committee’s commitment
Emphasizes that Congressional action needs to address the needs of Americans on Medicare and Medicaid and their pharmacies, and lauds Committee’s commitment
Oversight hearing “will examine pricing tactics deployed by [PBMs] to enrich themselves at the expense of patients across the country”.
Evidence of “pharmaceutical benefit manipulation” is piling up, as the push continues for comprehensive PBM reform at all levels and branches of government.
In an unfortunate – and arguably errant – legal development, the United States Tenth Circuit Court of Appeals on Tuesday issued an unfavorable decision.
Ruling creates a split in the federal courts that could lead to the Supreme Court.
Sen. Crapo is leading a press conference in Twin Falls, ID, on addressing PBM practices that have grown increasingly complex and opaque in recent years at the expense of patients and taxpayers.
NACDS looks forward to continuing work with leaders in the U.S. Congress to address the “pharmaceutical benefit manipulation” that harms the most vulnerable in the Medicaid and Medicare programs.
A newly released NACDS video urges this message ahead of a July 26 legislative markup scheduled by the U.S. Senate Committee on Finance.
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.”
FTC: “The statement is a response to PBMs' continued reliance on older FTC advocacy materials”