Jonathan Levitt pictured at Senate hearing
The 340B program "is completely frustrated" by pharmacy benefit managers, health care attorney Jonathan Levitt said during a during a Senate Finance Committee hearing on PBMs.

Two GOP Senators Raise Concerns About PBM’s Infringement on 340B Savings in Recent Hearing

Two Republican U.S. senators expressed concerns about pharmacy benefit manager encroachment on 340B covered entity savings during a Senate Finance Committee hearing on PBMs last week.

“I often hear concerns from South Dakota hospitals and health centers when it comes to engaging with PBMs, especially on the 340B program,” Senate GOP whip John Thune (R-S.D.) remarked during the March 30 hearing on PBMs’ impact on patients, taxpayers, and the prescription drug supply chain. “It’s important the program continues to serve its intended purpose of helping our hospitals and health centers support the community,” said Thune, the chamber’s second highest ranking Republican and a long-time champion of 340B providers.

Two Republican U.S. senators expressed concerns about pharmacy benefit manager encroachment on 340B covered entity savings during a Senate Finance Committee hearing on PBMs last week. “I often hear concerns from South Dakota hospitals and health centers when it comes […]

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