Pharmacy benefit manager reform legislation co-authored by Senate Health, Education, Labor and Pensions Committee chair Bernie Sanders, I-VT, and ranking members Bill Cassidy, R-LA, addresses the hot-button issue of rebates but not in the way biopharma manufacturers are hoping for.
It would require PBMs to remit “100% of rebates, fees, alternative discounts and other remunerations received … that are related to utilization of drugs under such health plan or health insurance coverage to the group health plan