Senate Finance Committee seeks to advance bipartisan PBM reforms alongside other health bills

Sen­ate Fi­nance Com­mit­tee Chair Ron Wyden (D-OR) and rank­ing mem­ber Mike Crapo (R-ID) re­leased draft leg­is­la­tion on Thurs­day that seeks to re­duce pre­scrip­tion drug costs for se­niors, and that will be in­clud­ed in a new pack­age of bills in­clud­ing phar­ma­cy ben­e­fit man­ag­er re­forms.

The law­mak­ers say they’ll ad­vance these leg­isla­tive pro­pos­als, in ad­di­tion to PBM re­forms pre­vi­ous­ly passed by the com­mit­tee in Ju­ly, and pur­sue full Sen­ate pas­sage and en­act­ment. The com­mit­tee plans to hold a markup of this lat­est bill next Wednes­day, Nov. 8.

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