Policy & Regulations

New Senate bill aims to empower FTC to crack down on PBMs

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New Senate bill aims to empower FTC to crack down on PBMs

Rules for PBMs

In this Fierce Healthcare article you'll learn about:
  • Legislation would eliminate practice called spread pricing. It would also ban PBMs from clawing back reimbursement payments to pharmacies via direct remuneration fees.

  • The legislation also empowers the FTC and state attorneys general to enforce the provisions in the bill, according to a release.

  • Pharmacy benefit managers (PBMs) must report on the amount of money they get from several practices such as spread pricing or clawback fees. The legislation drew major plaudits from pharmacy and provider groups that charge PBM practices have hindered delivering care.

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