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Menendez Slams Pharmacy Benefits Managers' Practices That Prioritize Profits And Drive Up The Cost Of Prescription Drugs For Patients
March 31, 2023
WASHINGTON, March 31 -- Sen. Robert Menendez, D-New Jersey, issued the following news release on March 30, 2023:

U.S. Senator Bob Menendez (D-N.J.), a senior member of the Senate Finance Committee, today during a hearing questioned witnesses about the impact pharmacy benefits managers (PBMs) have on the prescription drug supply chain and how their warped incentive structure drives up prices for patients and consumers. PMBs are entities that manage prescription drug benefits and phar . . .

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