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Senate leaders introduce bipartisan PBM reform bill

December 5, 2025HME News Staff

WASHINGTON – U.S. Senate Finance Committee Chairman Mike Crapo, R-Idaho, and Ranking Member Ron Wyden, D-Ore., today introduced the Pharmacy Benefit Manager (PBM) Price Transparency and Accountability Act to fix market distortions and increase transparency in federal prescription drug programs to lower patient costs at the pharmacy counter. “Pharmacy benefit managers should not profit from overcharging patients for their prescriptions,” said Crapo. “This...

Mike Crapo, National Community Pharmacists Association (NCPA), Pharmacy Benefit Manager (PBM), Ron Wyden