“Independent pharmacies [and] retail pharmacies are essential to our health care system,” Greg Lopes with PCMA said. “PBMs absolutely need pharmacies to exist, and any accusation that PBMs are attempting or trying to put pharmacies out of business is just not based in fact.”
But the Pharmaceutical Care Management Association, the leading PBM trade group, said in a statement after the vote that “drug manufacturer price setting is the root cause of high drug costs, putting a strain on patients and forcing them to make difficult decisions about their drugs.”
“Independent pharmacies [and] retail pharmacies are essential to our health care system,” Greg Lopes with PCMA said. “PBMs absolutely need pharmacies to exist, and any accusation that PBMs are attempting or trying to put pharmacies out of business is just not based in fact.”
“It takes time to finalize these agreements, prepare the legislative changes, and finish all the parliamentary and procedural steps needed to enable a Senate vote,” the president said.
PBM advocacy group Pharmaceutical Care Management Association (PCMA) signed the letter alongside insurer groups America’s Health Insurance Plans and the Blue Cross Blue Shield Association. Other advocacy organizations such as the Better Medicare Alliance and the Coalition for Affordable Prescription
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