‘It’s like squeezing a balloon’

NCPA July 6, 2022

This edition of the Pharmacy Podcast is a must-listen. Join Rep. Buddy Carter (R-Ga.), NCPA General Counsel Matthew Seiler, and host Todd Eury as they discuss PBM reform. They talk about the real harm that PBMs do as well as the Pharmacy Benefit Manager Transparency Act of 2022 that seeks to incentivize “fair and transparent” PBM practices, prohibit spread pricing and clawbacks of payments to pharmacies, and empower the FTC and state attorneys general to enforce “unfair and deceptive” PBM business practices. Carter notes that we’ve reached a point that is no longer sustainable. “It’s like squeezing a balloon,” he says. Also, in the podcast, Carter emphasizes the importance of inviting your member of Congress to your pharmacy. Great advice from Carter here! Learn more about our August Month of Advocacy here.

NCPA