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Senate Insulin Bill Focuses On List Prices With Carrot For Manufacturers, Stick For PBMs

 
• By Cathy Kelly

US legislation attempts to address manufacturer, pharmacy benefit manager impact on patient costs in addition to health plan benefit designs. Critics suggest it’s too easy on manufacturers but that may help its chances with Republicans.

Manufacturer Participation In Scheme Is Voluntary, But PBMs Would Have No Choice • Source: Shutterstock

A new US Senate bill to lower insulin costs co-authored by Sens. Jeanne Shaheen, D-NH, and Susan Collins, R-ME, takes a comprehensive approach to addressing the problem by seeking to lower list prices in addition to limiting patient cost sharing.

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