Help Your Local Pharmacy fight against PBMs!
Take 60 Seconds to Email Your Senators (It’s easy, we promise)
Did you know that giant companies called Pharmacy Benefit Managers (PBMs) are why your drug costs keep increasing and local pharmacies go out of business?
PBMs destroy competition and funnel taxpayer dollars into the pockets of CEOs. Take a stand and voice your support for bipartisan legislation to hold PBMs accountable for abusive behaviors. It’s easy; click here.
Please note that the form email was created for independent pharmacists to use, but we have sample letter that you can copy and paste below:
As a concerned citizen, I urge you to cosponsor both S. 113, the Prescription Pricing for the People Act, and S. 127 the PBM Transparency Act. Both of these bipartisan bills are sponsored by Sens. Maria Cantwell (D-Wash.) and Charles Grassley (R-Iowa). Collectively, these bills clarify the enforcement authority of the FTC and other state agencies to bring action against PBMs to ban deceptive PBM practices that drive up the cost of prescription drugs and ensure that the FTC completes its investigation into whether and how consolidation in the PBM and health care marketplaces have led to anti-competitive behaviors.
PBMs are behemoth companies whose business practices impact patients and independent pharmacies. PBMs determine what drugs are covered on a formulary and on what tier, what pharmacies a patient can go to, and how much pharmacies are reimbursed. They even use pharmacy data to steer patients to pharmacies that the PBM owns or has an ownership interest in.
S. 127 prohibits many of these unfair practices and gives the FTC and state attorneys general greater enforcement authorities to ensure PBMs are not using their position to harm patients or to disadvantage their competitors. S. 113 sets a clear deadline for the FTC to complete its 6(b) study into PBMs and their business practices.
These are both common sense bills. I urge you to actively support them by joining as a cosponsor.
Thank you for your consideration and for your service to our community.