Get all your news in one place.
100's of premium titles.
One app.
Start reading
Top News
Top News
Politics

GOP Spending Bill Excludes Major Changes To Pharmacy Benefit Managers

Tablets of the opioid-based Hydrocodone at a pharmacy in Portsmouth

The new GOP spending bill proposal does not include sweeping changes to how pharmacy benefit managers (PBMs) operate, according to sources familiar with the matter. This decision comes as a surprise to many, as the initial bipartisan deal was expected to address the controversial practices of PBMs.

The bipartisan deal, which was part of the proposed legislation, aimed to introduce a series of reforms for PBMs. These middlemen, who stand between drug manufacturers and insurers, have faced criticism for their lack of transparency in pricing and rebate negotiations.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.