PBM Reform Removed from Federal Funding Package: Impact on Health Care Costs

PBM Reform Removed from Federal Funding Package: Impact on Health Care Costs
Description
Discover why the highly anticipated pharmacy benefit manager (PBM) reforms were stripped from the recent federal funding package, despite years of advocacy and bipartisan efforts. This video explains the proposed reforms, including increased transparency, the elimination of spread pricing, and the requirement for PBMs to pass through all rebates to health plan sponsors. It also discusses the reactions from industry stakeholders, the Federal Trade Commission's lawsuit against major PBMs, and the ongoing efforts to overhaul the PBM industry.

PBM reform
Federal funding package
Health care costs
Pharmacy benefit managers
Spread pricing
Rebate pass-through
Transparency in health care
FTC lawsuit
Health care industry middlemen
Medicare Part D
Medicaid reimbursement

#PBMReform
#FederalFundingPackage
#HealthCareCosts
#PharmacyBenefitManagers
#SpreadPricing
#RebatePassThrough
#HealthCareTransparency
#FTCLawsuit
#HealthCareIndustryMiddlemen
#MedicarePartD
#MedicaidReimbursement

PBM regulations
Health care legislation
Congressional health care reforms
Drug pricing transparency
PBM practices
Health insurance costs
Pharmaceutical industry
Government health care policies
Bipartisan health care efforts