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PCMA Statement on Prescription Drug Price Transparency Legislation

(Washington, D.C.) — Pharmaceutical Care Management Association (PCMA) President and CEO JC Scott issued the following statement on the U.S. House of Representatives’ vote on prescription drug price transparency legislation: “PBMs support increasing transparency across the entire prescription drug supply

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About Our Industry

ABOUT OUR INDUSTRY About PCMA The Pharmaceutical Care Management Association (PCMA) is the national association representing America’s pharmacy benefit managers (PBMs). PBMs administer prescription drug plans for more than 266 million Americans who have health coverage from a variety of
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Direct and Indirect Remuneration (DIR)

America’s pharmacy benefit managers (PBMs) are dedicated to controlling drug costs by encouraging competition among drug manufacturers and pharmacies and incentivizing consumers to take the most costeffective, clinically appropriate medications. PBMs facilitate patient pharmacy care management and provide real-time information
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PBM Industry Principles

PBM Industry Principles PBMs have distinct business processes that differentiate them in the market, but PBMs also adhere to stringent accreditation standards, the terms of negotiated contracts, and legal requirements. In support of our health plan sponsor clients, we are
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If Drug Companies Had Their Way

If Drug Companies Had Their Way… There Would Be No Check on Their Power Download Infographic Patients Would Pay List Price for Drugs Drug companies often raise list prices annually in January and July. In January 2021, 822 brand drugs

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