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Oz Says Big PBMs Have ‘Window’ to Quit Rebate System on Their Own

 
• By Leslie Small

CMS Administrator Mehmet Oz said PBMs may deserve "one last chance" to fix the rebate system before federal regulations and legislation are enacted.

Oz is hoping PBMs will self-reform before regulations and laws are enacted. (Shutterstock)
Key Takeaways
  • CMS Administrator Mehmet Oz would like PBMs to reform themselves rather than wait for regulations or legislation.

CMS Administrator Mehmet Oz hopes the country’s dominant PBMs will opt for self-directed reform just like major health insurers recently...

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