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House Education & Workforce Subcommittee Chairman Allen Issues Opening Statement at Hearing on Pharmacy Benefit Managers
April 30, 2026
WASHINGTON, April 30 -- Rep. Rick Allen, R-Georgia, House Education and Workforce Subcommittee on Health, Employment, Labor and Pensions released the following opening statement from an April 22, 2026, hearing entitled "Profits Over Patients: The PBM Business Model Under Scrutiny." PBM stands for pharmacy benefit manager.

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Today's hearing will examine pharmacy benefit managers, or PBMs, and the lucrative relationships they have with brokers and advis . . .

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