Pharmacy groups urge passage of PBM reform legislation in 118th Congress

Pharmacy groups are urging Congress that PBM Reforms in Medicare, Medicaid is must-pass legislation in the 118th Congress.

The National Association of Chain Drug Stores, the National Community Pharmacists Association, FMI – The Food Industry Association, the National Grocers Association, the American Pharmacists Association, the National Association of Specialty Pharmacy and the National Alliance of State Pharmacy Associations issued the following statement today:

[Read more: Pharmacy orgs urge Congress to include PBM reforms in Medicare, Medicaid in funding agreement]

“Congress is dangerously close to proving wrong the notion that it’s never too late to do the right thing.

“In the current must-pass legislation, Congress’ failure to enact PBM reforms for Americans in Medicare and Medicaid and for their pharmacies is nothing short of a wasted opportunity—at a moment when time cannot be wasted.

“With many Americans and pharmacies at the brink, time is running out to end harmful PBM tactics that inflate prescription drug costs, force pharmacy closures, and block access to Americans’ pharmacy of choice.

“Congress demonstrated broad and strong bipartisan support for sound PBM reforms in Medicare and Medicaid. To reward the PBMs’ practices and their stalling tactics is a shame.

“It is imperative that Congress enact these reforms soon in the 118th Congress. We stand ready to support that effort because if ever there were must-pass legislation, PBM reforms in Medicare and Medicaid are it.”

[Read more: Pharmacy orgs urge Congress to finish bipartisan work on PBM reforms in Medicare, Medicaid]

For more information, please see a February 7 letter to Congressional leaders and a February 26 statement.