NACDS Lauds Strong, Bipartisan Senate Finance Committee Vote - 26-0 - to Advance PBM Reforms in Medicare and Medicaid
ARLINGTON, Va., Nov. 8, 2023 /PRNewswire-PRWeb/ -- National Association of Chain Drug Stores (NACDS) President and CEO Steven C. Anderson released the following statement today after a U.S. Senate Finance Committee markup on a legislative package containing significant PBM reforms in Medicare and Medicaid:
- "NACDS applauds the Senate Finance Committee for advancing this legislation on a strong bipartisan vote of 26-0, with one 'present.'
- Further, we commend Senate Finance Committee Chair Ron Wyden (D-OR) and Ranking Member Mike Crapo (R-ID) for their leadership in confronting PBM middlemen's 'pharmaceutical benefit manipulation' — in its many forms.
- "Make no mistake: Real PBM reform at the federal level must protect Americans on Medicare and Medicaid and their pharmacies.
- NACDS released a statement on Tuesday, November 7, in advance of the Committee markup.