LIVE | House Oversight Comittee Hearing To Examine' Prescription Drug Markets" | USA News Live

LIVE | House Oversight Comittee Hearing To Examine’ Prescribed Drugs Market” | USA News Live
Today, the House Committee on Oversight and Accountability held a hearing titled “The Role of Pharmacy Benefit Managers In Prescription Drug Markets Part I: Self-Interest Or Health Care?” At the hearing, members and witnesses highlighted how Pharmacy Benefit Managers (PBMs) have an oversized role in the pharmaceutical marketplace and push anticompetitive practices that undermine patient health and drive up the cost of prescription drugs. Both Republicans and Democrats stressed there must be greater transparency in the PBM industry and Congress must address PBMs’ harmful tactics. The Oversight Committee will continue to examine PBM practices to inform legislative solutions that can greatly benefit patients and reduce drug costs.

Courtesy: House Oversight Committee

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