Pharmacy benefit managers found themselves under the microscope at a recent hearing of the US Senate Committee on Finance, as academics, legal experts and industry stakeholders examined the impact the business practices of these organizations have on the wider healthcare ecosystem.
PBM Impact On Off-Patent Industry Condemned At Senate Hearing
Discussion Before US Senate Finance Committee Has Been Praised By The Biosimilars Forum
Witnesses at a US Senate Finance Committee Hearing have condemned the impact the “perverse” practices of pharmacy benefit managers have on off-patent drugs, often placing them on non-preferred tiers so that patients must use more expensive, branded medication.
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