What is the story about?
What's Happening?
Pharmacy benefit managers (PBMs) are reportedly proposing business changes to the Trump administration to avoid further regulation. The Pharmaceutical Care Management Association (PCMA) is pitching increased payments to rural and independent pharmacies and a focus on lower-cost biologics. However, pharmacy groups are skeptical, viewing these proposals as a delay tactic to avoid real reform. The National Association of Chain Drug Stores (NACDS) and the National Community Pharmacists Association express concerns about PBMs' motives, citing past actions that have driven up drug prices and forced pharmacy closures.
Why It's Important?
The proposals by PBMs to preempt regulatory reform reflect ongoing tensions between the industry and pharmacy groups. The skepticism from pharmacies highlights the need for enforceable regulations to ensure fair practices and protect patient care. The outcome of these discussions could impact drug pricing, pharmacy operations, and patient access to medications. As PBMs are integral to the healthcare system, their actions and potential reforms could have significant implications for healthcare costs and accessibility.
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