NASP Applauds Congressional Efforts to Address Anticompetitive Practices that Restrict Patient Access to Their Specialty Pharmacy
Urges Congress Not to Give Up the Fight and to Act Swiftly to Advance Pharmacy Protections This Year
WASHINGTON, DC – The National Association of Specialty Pharmacy (NASP) applauds bipartisan leaders in the House and Senate for their hard work to include crucial statutory PBM-related reforms in the Continuing Resolution before Congress this week. The reforms comprise long-fought NASP priorities to protect specialty pharmacies and patient access to the specialty pharmacy of their choice. It has never been more important for Congress to act and pass these reforms into law. Specialty pharmacies have sought to address these issues for many years, while being forced out of Part D networks.
If passed into law, the legislation will require the Administration to ensure Plan/PBM agreements with specialty pharmacies and other pharmacies are reasonable and relevant under Medicare Part D, overseeing and enforcing such protections. The legislation will also ban the practice of spread pricing by PBMs in Medicaid Managed Care, and work to establish Medicaid Managed Care payment protections for pharmacies.