Services Help with a Federal Agency Community Office Hours Military Academy Nominations Congressional Art Competition Congressional Commendation Internships Tour Washington, D.C. Flag Request Grants Invite the Congressman to an Event Meet with the Congressman Presidential Greetings Legislation Sponsored Legislation Co-sponsored Legislation During yesterday's markup, Congressman Allen delivered the following remarks, as prepared for delivery, prior to the bill's passage: "Pharmacy benefit managers, or PBMs, are third party intermediaries that wield enormous power over the prescription drug supply chain, affecting 90 million patients covered by ERISA health plans. "Yet, PBMs operate through a complex and opaque system of fees and rebates that drive up costs for patients and employers while lining the pockets of PBM middlemen. To navigate this system, employers often hir…
7895, the PBM Kickback Prohibition Act. It would prohibit PBMs from paying kickbacks to brokers or consultants in exchange for steering health plans toward preferred PBMs. This is a key element of President Trump’s Great Healthcare Plan and will eliminate these opaque pricing tactics which will help lower health care costs for patients and employers. "Today, I am offering an Amendment in the Nature of a Substitute to strengthen the bill and ensure PBMs cannot evade these prohibitions by simply calling the kickbacks something else. I urge my colleagues to vote yes on the ANS and the underlying bill." Enter your email address to get the latest updates straight to your inbox. Washington, DC Office 462 Cannon House Office Building Washington, DC 20515 Phone: (202) 225-2823 Fax: (202) 225-3377 Augusta District Office 2743 Perimeter Parkway Building 200, Suite 105 Augusta,…