NASP Applauds the Senate Finance Chairman for Working to Address Unfair PBM Practices

The National Association of Specialty Pharmacy (NASP) thanks U.S. Senate Finance Committee Chairman Ron Wyden (D-OR) for proactively engaging the Biden Administration to address illegal and egregious practices that are limiting patient access to the specialty pharmacy of their choice and specialty pharmacy businesses throughout the U.S. 

On June 24, Chairman Wyden sent a letter to the Centers for Medicare and Medicaid Services (CMS), asking the agency to immediately “step up oversight and enforcement of Medicare Part D program requirements for PBMs that protect pharmacies from unfair contract practices.”  Calling out those PBMs that are not adhering to CMS-issued Medicare Part D rules affecting pharmacy DIR fees and undermining payments to pharmacies to limit patient network access, the Chairman put a fine point on aggressive PBM actions that are both against existing law and in violation of rules the Biden Administration has established that went into effect as recently as January 2024. Please click here to read the full press release.