Republicans and Democrats Unite Behind Pharmacy Benefit Manager Restrictions

Source Summary

Bipartisan support is emerging for legislation that would restrict pharmacy benefit managers (PBMs) from owning brick-and-mortar pharmacies, a model currently used by CVS. Two states have already enacted such bans, and a similar federal proposal has attracted prominent sponsors from both parties, uniting business-friendly Republicans with regulation-minded Democrats.

Why it matters

The convergence of Republican and Democratic support signals potential movement toward federal regulation of a concentrated industry practice that affects drug pricing and pharmacy access.

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• KFF Health News ↗