PBM transparency legislation was passed via the PBM Reform Act (Rep Buddy Carter).
FTC settled with 2/3 of the big three PBMs. There are 30 days for public comment. We are still waiting for a UHG settlement.
PBM transparency legislation was passed via the PBM Reform Act (Rep Buddy Carter).
FTC settled with 2/3 of the big three PBMs. There are 30 days for public comment. We are still waiting for a UHG settlement.
Thank you for all your work on this!
@mohe0001 While it sounds encouraging and I appreciate the effort to keep us informed, so many other promises of reform and accountability have failed that the “proof is in the pudding!” I’ll wait to see what actually gets put in to effect, what gets pretended to satisfy government regulators, how earnest PBMs are to comply, versus what actually helps people afford their needs. Sorry if that sounds skeptical, but it’s been earned all too well by corporations, PBMs, and government regulators including the FTC. Lest I be considered to questioning, my wife worked at FTC for career, she is and should proud of herself and her achievements, not so much the Commission; the FTC fills its coffers with awards and none of it goes back to the people corporations that profited, and few of FTC’s actions, particularly the big ones, make life better for the people because they settle to easily. Perhaps this will be the case that proves that wrong! Hope springs eternal!