Ask senators on the Senate Health and Human Services Committee to pass HB 272!
A Pharmacy Benefit Manager (PBM) is a middleman who negotiates rebates on prescription drugs from drug manufacturers. PBMs keep some of the rebates as income and give the rest to health insurers, who typically do not reduce what a patient pays for drugs. This practice is distorting the prescription drug market, resulting in drug manufacturers raising prices for essential medication. HB 272 defines the rules and regulations of PBMs in order to protect customers and pharmacists and requires the Insurance Department to annually publish the total value of rebates and administrative fees received by a PBM from a pharmaceutical manufacturer.
The Senate Health and Human Services Committee will vote on this bill TODAY – send an email to the committee members BEFORE 2PM!
Simply scrolll down and click “Start Writing” to write to legislators BEFORE 2PM TODAY!