Committee Members Introduce PBM Transparency Bill

Committee Members Introduce PBM Transparency Bill

Sens. Catherine Cortez Masto (D-NV) and Thom Tillis (R-NC), along with Senate Finance Committee (SFC) Chair Ron Wyden (D-OR) and Ranking Member Mike Crapo (R-ID) released a discussion draft that would establish pharmacy benefit manager (PBM) reporting requirements with respect to prescription drugs plans (PDPs) and Medicare Advantages PDPs (MA-PDs) (press release). Overall, the bill would increase transparency of prescription drug… (Slifer, July 12, 2023) #Pharmacy Benefit Managers, #Transparency