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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

I am working on a bill with Senator Grassley, the Pharmacy Benefit Manager Transparency Act, which would shine a light on bad PBM practices.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

I am leading a bill with Senator Grassley, the Pharmacy Benefit Manager Transparency Act, which would crack down on PBM's opaque rebate practices.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

People care a whole lot about this matter of getting mugged at the pharmacy counter.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

Your bill with Senator Grassley should make it more difficult for PBMs to hide profits from regulators.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

I'm proud to say that this is a hearing with strong bipartisan interest, and Senator Crapo and I have agreed to take on this issue together.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

Taxpayers, seniors facing a 2,000-percent markup.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

Every drug should have a price that is available for all to see and creates equity.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

In my view, that's a clear example of the perverse incentives PBMs have created that leave so many Americans fed up and outraged at the health-care system in this country.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

The average price that PBMs charge Medicare Part D plans for the exact same drug is over $3,000.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

Our bipartisan efforts on organ transplants--thank you very much, Senator Grassley--have really paid off.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

I am going to go out and have all these town hall meetings, and I am going to hold that up.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

That means looking at pharmacy benefit manager practices with a thorough eye and taking any legislative steps necessary to ensure taxpayers and patients aren't getting a raw deal.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

The Pharmacy Benefit Manager Transparency Act of 2023 would make material improvements to the transparency of the U.S. health-care system.

congress.gov
Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

I am working on a bill with Senator Grassley, the Pharmacy Benefit Manager Transparency Act, which would shine a light on bad PBM practices.

congress.gov
Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

It undermines the negotiation entirely.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

Civica cannot get the big three PBMs to cover the drug.

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Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

I'm proud to say that this is a hearing with strong bipartisan interest, and Senator Crapo and I have agreed to take on this issue together.

congress.gov
Ron Wyden
@ronwyden· Democratic · OR· Mar 30, 2023

That is why I previously cosponsored something called Creating Transparency to Have Drug Rebates Unlocked.

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