US Congressmen urge Waxman to hold oversight hearings on PBM industry
This article was originally published in Scrip
Executive Summary
Two US Congressmen are urging oversight hearings on the pharmacy benefit manager (PBM) industry, stating that there is a need for more regulatory oversight and greater transparency of financial relationships. PBMs include Medco Health Solutions, CVS Caremark and Express Scripts, which now manage drug benefits for tens of millions of Americans.