Healthcare DIVE May 24, 2023
Lawmakers on both sides of the aisle slammed pharmacy benefit managers for allegedly profiting at the expense of patients and taxpayers during a House oversight hearing on Tuesday, the latest congressional inquiry into PBMs.
“They’re having a field day out there getting rich over and over and over again,” said Rep. Kweisi Mfume, D-Md. “It is a sin, it is an abomination, and it is an affront to everything that we hold moral and right in this country.”
Meanwhile, a key PBM lobby was critical of lawmakers for not inviting its members to testify at the hearing.
The Pharmaceutical Care Management Association in a statement denounced the House Oversight and Accountability Committee — one of many government entities currently conducting...