Senate Finance Committee approves bipartisan pharmacy benefit manager (PBM) legislation


The Better Mental Health Care, Lower-Cost Drugs, and Extenders Act would require that patients benefit from rebates under Part D and enhances the “any willing pharmacy” standard under Part D, among other health policy matters. This markup follows the Committee’s bipartisan approval of the Modernizing and Ensuring PBM Accountability Act in July, and CLS is advocating for substantial legislative action on PBMs by the end of the year.