Drug Pricing: Lawmakers Call for FTC Investigation into Pharmaceutical PBMs
Policy Implications of Drug Pricing
An increasing number of U.S. lawmakers have raised alarms about the practices of large Pharmacy Benefit Managers (PBMs). They are advocating for an FTC investigation concerning private-label biosimilar deals.
The Role of PBMs
- PBMs manage prescription drug benefits on behalf of health plans.
- Concerns about patient steering toward higher-cost medications.
Potential Impact on Patients
If the FTC takes action, it could reshuffle the dynamics in pharmaceuticals, leading to greater scrutiny of drug pricing practices.
Future of Drug Pricing Policy
Lawmakers are emphasizing the need for transparency and competition in the pharmaceuticals market. As the investigation unfolds, the focus on equitable access to medications will be paramount.
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