Patients Rising Now sent a letter of support for Representatives Buddy Carter’s (R-GA-01) and Lisa Blunt Rochester’s (D-DE-AL) legislation: The Protecting Patients Against PBM Abuses Act. The problem is PBMs is so widespread that it is not only confined to patients with private insurance plans, it also extends into the Medicare Part D and Medicaid programs. Their practices lead to patients rationing or foregoing treatment and local, independent pharmacists closing their door permanently, and action to prevent this is long overdue. This legislation corrects these issues by mandating a flat rate fee for services rendered by PBMs, explicitly prohibiting spread pricing, and imposing strict reporting requirements with penalties for noncompliance. The Protecting Patients Against PBM Abuses Act would make a real difference in the lives of Medicare patients and Patients Rising Now strongly supports this bill. Patients Rising Now CEO Terry Wilcox released the following statement of support:
