BESSEMER, Ala. , Nov. 15, 2024 /PRNewswire/ -- On the heels of last week's election, American Pharmacy Cooperative, Inc.
(APCI) hosted a bipartisan discussion in support of the Pharmacists Fight Back Act (H.R. 9096), educating policymakers and congressional staffers on the importance of reining in abusive practices of large PBMs and the critical role independent pharmacies play in America's healthcare system.
The event, held Wednesday in Washington, D.C. , featured remarks and analysis from Democrat Representative Jake Auchincloss (MA-04) and Republican Representative James Comer (KY-01), in addition to a diverse range of pharmacy experts and health care practitioners.
The Pharmacists Fight Back Act , which now has more than 40 co-sponsors in the U.S. House of Representatives, is a blueprint for ending the anti-competitive practices of large PBMs undercutting patient access to affordable medication and independent pharmacies.
The bill is the only legislation which ends predatory practices in Medicare and other federal programs and features the strongest penalties against PBMs when they break the law. Additionally, the Pharmacists Fight Back Act caps drug costs for patients and also protects patient's choice of providers. "There isn't another issue in the nation uniting Republicans and Democrats like pharmacy benefit manager reform," stated Rep.
Comer, who as Chair of the House Oversight Committee is continuing investigations into the nation's largest PBMs. "Truthfully, though.