A Kansas Republican congressman said on Capitol Hill yesterday that pharmacy benefit managers (PBMs) are taking away health centers and other safety net providers’ 340B savings and driving up their costs.
340B health centers and other providers “are reporting that PBMs are undermining the intent of the program by effectively pickpocketing the 340B savings that were intended to support these providers and using them to boost their own profits instead,” Rep. Jake La Turner (R-Kan.) said. “Small safety net providers lack the power to push back on these contracts.”
A Kansas Republican congressman said on Capitol Hill yesterday that pharmacy benefit managers (PBMS) are taking away health centers and other safety net providers’ 340B savings and driving up their costs.
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