WASHINGTON — Patients Rising Now Executive Director Terry Wilcox today released the following statement in response to the Senate Subcommittee on Consumer Protection, Product Safety, and Data Security hearing on pharmacy benefit managers:
“Each player in the drug supply chain has a well-defined and clear role, except for pharmacy benefit managers. To get to the root cause of high prices, you must pull back the curtain to expose the shady actions of the PBMs. Their practices are murky at best and leave patients in the dark and can increase the prices they pay out of pocket at the pharmacy counter.
It’s past time to evaluate the role of the middlemen in the drug supply chain in order to create reforms that lower patient costs and improve their access to prescriptions.”