Senators reintroduce bills to reform PBM industry

(By Jakob Emerson for Becker’s Hospital Review)

A bipartisan group of senators are once again pushing for new regulations around the pharmacy benefit manager industry.

Democratic Sen. Maria Cantwell and Republican Sen. Chuck Grassley reintroduced the Pharmacy Benefit Manager Transparency Act and the Prescription Pricing for the People Act Jan. 27, which they say will increase drug pricing transparency and suppress PBM practices such as spread pricing and payment clawbacks. Continue reading here…

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