The reconciliation bill now heads to the Senate. If passed, the legislation would establish #PBM transparency and reporting requirements. #Transparent PBMs are already dedicated to building trust with clients by offering access to data and ensuring companies are never in the dark about their pharmacy benefits. It's time traditional PBMs are held to the same standard. (fb)

#PBMReform is in the latest reconciliation package. These provisions adjust how traditional PBMs are paid by delinking their compensation from drug prices in #Medicare Part D. If passed, the American Society of Clinical Oncology says the change "would represent a significant step toward increased transparency, help shift PBM incentives, and potentially lower patients’ out-of-pocket costs." https://www.asco.org/news-initiatives/policy-news-analysis/house-reconciliation-bill-contains-health-provisions (fb)