Fierce Healthcare April 25, 2023
Sens. Bernie Sanders, I-Vermont, and Bill Cassidy, R-Louisiana, reached a deal on new legislation that aims to increase access to generic drugs and impose transparency measures on pharmacy middlemen.
The two senators, the new leaders of the powerful Senate Committee on Health, Education, Labor and Pensions (HELP), said the legislative package will “reform pharmacy benefit managers and expand the availability of low-cost generic drugs.”
The committee will hold a hearing on May 2 to consider the legislative package, which includes four bills.
A new bill from Sanders, Senate HELP Committee chair, Cassidy, ranking member, and Sens. Patty Murray and Roger Marshall would make a variety of reforms to how pharmacy benefit managers (PBMs) operate. The bill would...