Pharmacy Organizations Press for Immediate PBM Reform as Health Subcommittee Holds Hearing
As the Health Subcommittee of the U.S. House Energy and Commerce Committee holds a hearing this week, a coalition of organizations representing pharmacies and pharmacists across all practice settings is praising “continued scrutiny” and pressing for “immediate action” on pharmacy benefit manager (PBM) reform.
The multi-association coalition – including the the National Association of Specialty Pharmacy, the National Association of Chain Drug Stores, the National Community Pharmacists Association, the American Pharmacists Association, FMI – The Food Industry Association, the National Grocers Association, and the National Alliance of State Pharmacy Associations – stated the following in a letter to House Energy and Commerce Committee Chairman Brett Guthrie (R-KY), Committee Ranking Member Frank Pallone (D-NJ), Health Subcommittee Chairman Buddy Carter (R-GA), and Subcommittee Ranking Member Diana DeGette (D-CO):
“As pharmacists and pharmacy owners and operators across all practice settings, we strongly encourage continued scrutiny of some market-dominant pharmacy benefit manager (PBM) middlemen practices that inflate prescription drug costs for more than 300 million Americans, force pharmacy closures in many small towns and under-resourced areas, and block access to Americans’ pharmacies of choice….”
Click here to read the full press release.