05/03/2021
https://congress.gov...
"If that is true, don't you find it somewhat odd that CMS found it necessary to mandate, to require, that these MAC lists be updated every 7 days and that 26 States have passed laws requiring PBMs to u..."
"That is spread pricing. That is what is happening, because you are not increasing--you are not updating--the PBMs are not updating their MAC lists."
"And there are no two MAC lists that are the same. Each PBM generates their own separate list, correct?"
"But the point is, Mr. Merritt, that you are deciding what you are going to reimburse the dispenser for it, and you are deciding what you are going to charge the insurance company for it."