In case you missed it, business groups and individual employers from across the country signed the below letter to Congress expressing support for preserving their contracting flexibility and the protections provided by the Employee Income Security Act, ERISA. We appreciate
Our collective will and intellects are being called upon to manage COVID-19, save Louisiana lives and restore our economy. During this public health emergency, it is crucial that every sector of our health care system steps up to the challenge.
In my experience, PBMs do not contribute to the rising costs of prescription drugs—in fact, they do the exact opposite.
Simply put, the core mission for PBMs is to be the primary advocate for consumers and health plans in the fight to keep prescription drugs accessible and affordable.
“Independent drugstores want to go back to a fee-for-service model where reimbursement is exempt from quality metrics,” said the statement from PCMA Assistant Vice President Greg Lopes. “Barring pharmacy DIR in Medicare Part D would increase premiums for seniors and raise costs for taxpayers, while decreasing the quality of pharmacy care for beneficiaries.”
The proposal would undermine the cost savings tools plans use to reduce premiums and prescription drug costs for patients and businesses alike
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