Subcommittee Chairman Allen Issues Statement at Hearing on Pharmacy Benefit Manager Industry 'Profits Over Patients' Model
April 23, 2026
April 23, 2026
WASHINGTON, April 23 -- Rep. Rick Allen, R-Georgia, chairman of the House Education and Workforce Subcommittee on Health, Employment, Labor and Pensions, issued the following statement on April 22, 2026, at a hearing entitled "Profits Over Patients: The PBM Business Model Under Scrutiny".
PBM is pharmacy benefit managers.
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"Today's hearing will examine pharmacy benefit managers, or PBMs, and the lucrative relationships they have wit . . .
PBM is pharmacy benefit managers.
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"Today's hearing will examine pharmacy benefit managers, or PBMs, and the lucrative relationships they have wit . . .
