Coalition for PBM Reform launches
By HME News Staff
Updated 8:48 AM CDT, Fri September 24, 2021
WASHINGTON – The National Community Pharmacists Association has partnered with five other organizations to form the Coalition for PBM Reform to bring transparency to a part of the health care system that they say is dominated by a few giant corporate middlemen who price medicines, reimburse pharmacies, and determine how much patients will pay at the counter. “Transparency is essential to any healthy market,” said B. Douglas Hoey, NCPA CEO. “There is none in the prescription drug market. Americans pay the highest drug prices in the world. And we’re the only country that has turned over prescription drugs to PBMs. We don’t think that’s a coincidence.” Other members of the coalition, which represents independent pharmacies, grocery stores, chain pharmacies, small businesses, health care providers, and patients, include the FMI - Food Industry Association (FMI), the AIDS Healthcare Foundation (AHF), the National Federation of Independent Business (NFIB) the Coalition of State Rheumatology Organizations (CSRO), and the Community Oncology Alliance (COA).
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