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Auditor McGuiness Supports Federal Legislation to End PBMs Predatory Practices
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Seniors Medicare costs rising due to rocketing fees, pharmacies say
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COVID-19 Shines a Spotlight on the Importance of Preserving Local Pharmacies
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Search jobs Specialty Pharmacy Applauds Supreme Court Decision to Allow States to Regulate PBM Practices
WASHINGTON, Dec. 11, 2020 /PRNewswire/ The National Association of Specialty Pharmacy (NASP) applauds the 8-0 decision by the Supreme Court to restore Arkansas right to govern the amount that Pharmacy Benefit Managers (PBMs) reimburse pharmacies, in Rutledge v. the Pharmaceutical Care Management Association (PCMA). This decision will give states more flexibility to oversee PBM reimbursement practices to ensure patient access and affordability and protect market competition.
Since 2012, NASP members have reported a dramatic decrease in prescription reimbursement and an increase in claw-back fees such as Direct and Indirect Remuneration (DIR) by many PBMs.