Hearing Recap: “Profits Over Patients: The PBM Business Model Under Scrutiny”
Chairman Rick Allen chaired the hearing and discussed his legislation, the PBM Kickback Prohibition Act, to lower prescription drug costs.
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tl;dr
The House Subcommittee on Health, Employment, Labor, and Pensions held a hearing to examine how pharmacy benefit managers (PBMs) contribute to rising drug costs and lack of transparency.
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RWRick W. AllenR-Georgia-12
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