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Unraveling the PBM Puzzle: Navigating Bipartisan Bills and Proposed Reforms
Episode 728th July 2023 • Complications: Health Policy Unraveled • McGuireWoods Consulting
00:00:00 00:06:58

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All this activity on PBM legislation ensures that something is likely to happen this year.

In this episode of Complications: Health Policy Unraveled, host Stephanie Kennan walks through legislation pending in both the House and Senate aimed at addressing the practices of Pharmacy Benefit Managers (PBMs), the drug pricing middlemen many blame for high drug costs and drug access issues.

Meet Your Host

Name: Stephanie Kennan 

Title: Senior Vice President, Federal Public Affairs at McGuireWoods Consulting

Specialty: Stephanie Kennan helps clients navigate the legislative and executive branches of federal government to solve problems involving a variety of healthcare policy issues. Her work focuses on providers, medical device manufacturers, drug manufacturers and associations concerned about Medicare and Medicaid reimbursement.

Connect: LinkedIn

Episode Highlights

[0:35] PBM legislation in the works as part of Senator Schumer’s plan for drug pricing package this year.

[1:15] Senate Proposal #1: Prescription Pricing for the People Act

[1:52] Senate Proposal #2: Pharmacy Benefit Manager Transparency Act

[2:20] Multiple Amendments offered

[4:50] House Proposal #1: Bill from the House Energy and Commerce Subcommittee on Health

[5:20] House Proposal #2: Pharmacy Benefits Manager Accountability Act



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