Senate Takes Aim At Pharmacy Benefit Managers' Role In Rising Drug Costs
Amid concerns about the escalating cost of prescription drugs, the Senate’s Health, Education, Labor, and Pensions (HELP) Committee held hearings this summer to frame the Senate’s efforts moving forward. The committee heard a broad variety of proposals ranging from utilizing outcomes-based payment to removing barriers for importation of Canadian medicines. Eventually, the committee turned its attention to pharmaceutical supply chain structure and the role it plays in raising