In an upcoming webinar, Manatt Health will discuss the scrutiny that pharmacy benefit managers (PMBs) have come under from consumers, prescription drug manufacturers, and state and federal policymakers over the last decade. PBMs are third-party “middlemen” contracted by insurance plans to manage prescription drug benefits, including by negotiating prescription drug discounts with manufacturers. With Congress again attempting to lower the cost of prescription drugs, PBM reform has become the focus of their initiative. In this webinar, Manatt Health will explore the history of pharmacy benefit manager (PMB) reform on Capitol Hill, provide an overview of key policy levers Congress is focused on, and examine the legislative proposals both the House and Senate are advancing. Key topics will include; a recent history of PBM reform on Capitol Hill, including past attempts to regulate; an overview of key PBM-reform policy concepts, such as spread pricing, delinking, transparency, rebate pass-through and vertical integration, among others; and the key legislative proposals in both the House and Senate, including describing the specific policy proposals within each bill and how they would regulate PBMs.
Speakers:
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Nicholas Bath, Partner, Manatt Health
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Matthew Itzkowitz, Associate, Manatt Health
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Corey Ensslin, Senior Policy Advisor, Health Subcommittee, Committee on Energy & Commerce, Republican Staff, U.S. House of Representatives
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Una Lee, Chief Counsel, Health Subcommittee, Committee on Energy and Commerce, Democratic Staff, U.S. House of Representatives
This webinar will take place on Thursday, October 26 at 1:00 p.m. ET.