Sen. Brown: Columbus Dispatch - 'I Just See Fraud All Over This' - Insiders Detail How Clawbacks Drive Up Drug Prices, Hurt Pharmacies
July 21, 2021
July 21, 2021
COLUMBUS, Ohio, July 21 -- Sen. Sherrod Brown, D-Ohio, issued the following news release on July 19:
In Case You Missed It: A two part Columbus Dispatch article highlighted the predatory practice of medical "clawback" fees that Pharmacy Benefit Managers (PBMs) use to raise the cost of prescription drug prices. PBMs, which operate as middle-men between drug manufacturers, insurance companies, and pharmacies, are currently not required to disclose all discounts they receive . . .
In Case You Missed It: A two part Columbus Dispatch article highlighted the predatory practice of medical "clawback" fees that Pharmacy Benefit Managers (PBMs) use to raise the cost of prescription drug prices. PBMs, which operate as middle-men between drug manufacturers, insurance companies, and pharmacies, are currently not required to disclose all discounts they receive . . .
