As Congress intensifies its focus on regulating pharmacy benefit managers (PBMs), Pivotal Strategies wanted to send along periodic updates and resources on where things stand with legislation and efforts to help redirect prescription drug savings from PBM profits back to patients’ pockets (see below). Please reach out to them if you have any questions or if you’d like to get engaged on this issue; they look forward to working with you to help lower patients’ out-of-pocket costs.
An explainer video by the Kaiser Family Foundation about how PBMs were formed, and the practices used to expand their profits.
Information about the National Community Pharmacists Association recent survey showing strong bipartisan support for regulating PBMs – the shadowy corporate middlemen who control almost everyone's prescriptions.
The Federal Trade Commission announced an expansion of its inquiry into prescription drug middlemen.