Prescription drug middlemen called Pharmacy Benefit Managers (PBMs) are best described as “pharmaceutical benefit manipulators.” They are driving up costs for patients by inflating drug prices. They’re also undercutting patients’ choice of pharmacies and access to medicines a physician prescribes. Nationally, PBMs and the payers they work for rake in billions of dollars through complexities they’ve built into the system, and then they pocket this cash instead of passing along all the drug savings that were intended for families.
We’re headed in the right direction, and must lend our support to legislation that will provide patients with real relief in the form of cost savings and ample access to pharmacies while empowering patients nationwide.
Cost Savings
PBMs drive up the prices of drugs so they can pocket savings for themselves. With PBM reform, the cost savings would go to patients — not the money obsessed PBMs.
Access to Pharmacy
With nearly 9 in 10 Americans living within 5 miles of a pharmacy, patients deserve to get medication from the pharmacy most convenient for them, not the one that's most profitable for the PBM.
Empowering Patients
Patients deserve the ability to choose relief that is right for them. By enacting PBM reform, patients will be in the driver’s seat of their own care.