Spanberger introduces bill to hold PBMs accountable
Published Tuesday, Jul. 13, 2021, 8:16 pm
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Abigail Spanberger (D-VA-07) led the introduction of a bipartisan bill that would prohibit insurers and pharmacy benefit managers from hurting hospitals and clinics that participate in the federal 340B Drug Pricing Program.
Spanberger introduced the legislation alongside David B. McKinley (R-WV-01).
The Preserving Rules Ordered for the Entities Covered Through (PROTECT) 340B Act is in response to concerns from Central Virginia healthcare providers particularly those in rural areas who have seen their access to the program threatened by PBMs, insurers, and pharmaceutical manufacturers.
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