Patients Rising Now sent a letter to the New York State Department of Financial Services about Pharmacy Benefit Managers. PBMs possess a considerable amount of leverage in the health space and use that leverage to steer patients to in-house or otherwise financially-aligned pharmacies. This relationship only benefits PBMs and leaves patients with less access and affordability. With this comment period, and the recently passed bill banning copay accumulators, it is evident that New York State is committed to reining in PBMs and we wanted to make sure that our voices were heard.
Be sure to give the letter a read!