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WASHINGTON, DC – Energy and Commerce Committee leaders today sent letters to various Pharmacy Benefit Managers (PBMs) to better understand the role of PBMs in the drug supply chain.

The letters were signed by Energy and Commerce Committee Chairman Greg Walden (R-OR), Health Subcommittee Chairman Michael C. Burgess, M.D. (R-TX), and Oversight and Investigations Subcommittee Chairman Gregg Harper (R-MS).

“Today, PBMs manage prescription drug benefits on behalf of a wide array of entities – employer-sponsored health plans, health maintenance organizations, Medicaid managed care plans, and Medicare Part D plans,” wrote...

Excerpt: “Today, PBMs manage prescription drug benefits on behalf of a wide array of entities – employer-sponsored health plans, health maintenance organizations, Medicaid managed care plans, and Medicare Part D plans. In fact, a February 2016 report estimated PBMs serve 266 million Americans—most of whom are enrolled in private health plans—and can save plan sponsors significant money on drug benefit costs using a wide range of tools. This study also estimated that the use of these tools will save a total of $654 billion across plan sponsors and members, Medicare...

WASHINGTON, DC – The Subcommittee on Oversight and Investigations, chaired by Rep. Gregg Harper (R-MS), announced a hearing for Thursday, September 6, at 10:15 a.m. in room 2322 of the Rayburn House Office Building. The hearing is entitled, “Examining Federal Efforts to Ensure Quality of Care and Resident Safety in Nursing Homes."

#SubOversight will examine reports of abuse, neglect, and substandard care occurring at Skilled Nursing Facilities (SNFs) and Nursing Facilities (NFs) participating in the Medicare and Medicaid programs. The hearing will also explore the role of the Centers for Medicare and Medicaid Services...