Press Releases and Blog

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Press Releases

(Washington, D.C.) — Pharmaceutical Care Management Association (PCMA) President and CEO JC Scott issued the following statement today: “The industry trade association representing America’s pharmacy benefit companies reiterates its position that, to date, the Federal Trade Commission (FTC) has fallen far short of providing a definitive, fact-based assessment of pharmacy benefit managers (PBMs) or the […]

(Washington, D.C.) — The Pharmaceutical Care Management Association (PCMA) released the following statement on the U.S. House Committee on the Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust hearing. “We urge the House Judiciary Subcommittee to focus on the root cause of the prescription drug pricing problem: Egregious patent abuse by some drug […]

(Washington, D.C.) — The Pharmaceutical Care Management Association (PCMA) today announced that RxBenefits is joining the trade association as its newest member. “PCMA is proud to represent the pharmacy benefit industry, and the addition of RxBenefits to our membership once again showcases the diversity of pharmacy benefit companies and the variety of offerings available to employers and health plans […]

(Washington, D.C.) — The Pharmaceutical Care Management Association (PCMA) issued the following statement following the Biden Administration’s announcement of the first ten Medicare negotiated drug prices: “While we share the Administration’s goal to reduce prescription drug costs for America’s seniors and to push back against the high prices set by drug manufacturers, the Administration has […]

(Washington, D.C.) — The Pharmaceutical Care Management Association (PCMA) released the following statement ahead of the U.S. House Committee on Oversight and Accountability hearing, “The Role of Pharmacy Benefit Managers in Prescription Drug Markets Part III: Transparency and Accountability,” on pharmacy benefit managers (PBMs). “We encourage the U.S. House Oversight Committee lawmakers to engage in a […]

(Washington, D.C.) — The Pharmaceutical Care Management Association released the following statement today following the U.S. Senate’s passage of legislation sponsored by Senators John Cornyn (R-TX) and Richard Blumenthal (D-CT) aimed at increasing competition in the prescription drug market. “PCMA applauds the Senate’s action to advance this critical bipartisan legislation to end anti-competitive practices, such […]