Dr. Robert Levin gives his thoughts on the confidential system PBMs have created that drive up list prices.
Read MoreOn Dec. 4, Senators Chuck Grassley (R-Iowa) and Ron Wyden (D-Ore.) introduced new legislation to ensure that drug companies play by the rules of the Medicaid program. The bill is aimed at preventing drug companies from overcharging Medicaid, a practice that has been consistently costing taxpayers billions of dollars. While the legislation is an excellent indicator of future bipartisan cooperation on the issue of prescription drug affordability, much more needs to be done.
Read MoreExpress Scripts' new Flex formulary has been touted as an alternative to the rebate-based system, but who really benefits?
Read MoreIn his Sept. 25 article, “Collins’ bills to ban pharmacy ‘gag clauses’ pass House and Senate,” Staff Writer Joe Lawlor reported that the Patient Right to Know Drug Prices Act – sponsored by Maine Republican Sen. Susan Collins – had been approved by both houses of Congress, along with the Know the Lowest Price Act. On Oct. 10, President Trump signed these bills into law.
Read MoreDr. Angus Worthing gives his thoughts on the Patient Right to Know Drug Prices Act and the Know the Lowest Price Act.
Read MoreIn March, Sen. Susan Collins, R-Maine, introduced the Patient Right to Know Drug Prices Act. Backed by a bipartisan group of lawmakers, the bill bans the “gag clauses” that prevent pharmacies from informing consumers whether they could spend less on their medication by paying the full price for an identical product produced by a different manufacturer.
Read MoreSen. Bill Cassidy (R-LA), shared Dr. Levin’s, ATAP President, op-ed on his social media channels highlighting the support ATAP has given to the PBM issue at the federal level.
Read MoreDr. Robert Levin offers insight into pharmacy benefit managers and their lack of transparency.
Read MoreAmericans spend more per capita on prescription drugs than any other high-income country in the world. Many states have wrestled with the rising costs of these medications, particularly in Florida.
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