Search
Close this search box.

Pennsylvania House Advances Bill to Regulate Pharmacy Benefit Managers

The Pennsylvania state House has approved a bill aimed at regulating pharmacy benefit managers (PBMs) to ensure fair competition and address prescription pricing pressures affecting independent pharmacies. The bill, sponsored by Rep. Jessica Benham, seeks to counteract the dominance of major PBMs—Caremark, Express Scripts, and Optum—which control over 90% of U.S. prescription volume. These companies benefit from vertical integration, profiting at multiple stages of patient care.

Key provisions of the bill include mandatory reporting by PBMs on rebates and payments received from drug manufacturers and how these funds are distributed. It also prohibits practices like patient steering, spread pricing, and the retroactive reclaiming of payments made to pharmacies. These practices have led to significant pharmacy closures, particularly impacting vulnerable communities and contributing to “pharmacy deserts” across the state.

The bill has now been forwarded to the Senate, where it has received bipartisan support.

Comments

Vincel B. Flasher 1950-2024

Vincel was a modest man who enjoyed music, playing guitar, watching westerns, football, and being in the great outdoors.

Thaddeus Stevens and women’s suffrage

Thaddeus Stevens and women’s suffrage By Ross Hetrick If one of Thaddeus Stevens’s original proposals for the 14th Amendment to the Constitution had been approved,

Who We Are

The Franklin County Free Press, established by Vicky Taylor in 2019, emerged as a beacon of local journalism for the residents of Franklin County. Under Vicky's leadership, it quickly became an essential source of news, particularly at a time when major newspaper publications were increasingly overlooking local coverage.

On January 1, 2022, the torch was passed to Nathan Neil and his firm, Neil Publishing, LLC. Neil, a local entrepreneur with multiple thriving businesses in Chambersburg, shares Vicky's fervent commitment to both the community and the world of local journalism.

Rooted in the heart of Franklin County and powered by its residents, the Franklin County Free Press continues to bridge the gap, ensuring that the local stories, events, and issues that matter most to the community remain in the spotlight.