LOUISVILLE, Ky. (WDRB) — Pharmacists and lawmakers are working together on new legislation they hope will cut down on the price of prescriptions.
Lawmakers and independent pharmacists from 10 states, including Kentucky, gathered Thursday in Washington for a news conference to announce HR 9096, also known as the Pharmacists Fight Back Act. The legislation, which was introduced July 23 in the House, is aimed at implementing a pharmacy reimbursement model to use national averages to drive down the cost of prescription medication. It’s focused on the actions of pharmacy benefit mangers, or PBMs, the “middlemen” of drug pricing, the lawmakers allege.
The representatives, pharmacists and pharmacy owners said Thursday that patients, community pharmacies and taxpayers have been forced to shoulder the burden of rising prices…