Mark Takano: “Thank you, Mr. Chairman, for holding this hearing.”

Those who oversee health plans must have access to this data to ensure fair pricing for those receiving employer sponsored healthcare.

Every generation must take up the work of renewing and perfecting the idea of America so that America lives up to its promise.

“Third parties hold data on individual patients and pricing for drugs and procedures,” said Congressman Mark Takano.

Gaps in recent legislative efforts have allowed third parties like PBMs to keep this data hidden, leaving fiduciaries with an incomplete picture of how to best serve the over 165 million Americans on employer-sponsored health plans.