Washington, Sept. 17 -- Congressman Ryan Mackenzie issued the following press release:
This week, Congressman Ryan Mackenzie (PA-07), representing the Lehigh Valley and the Poconos, alongside Congressman Jake Auchincloss (MA-04), Congressman Rick Allen (GA-12), Congresswoman Carol Miller (WV-01), and Congresswoman Lucy McBath (GA-06), introduced the bipartisan Net Effective Cost Transparency and Prescription Drug Affordability Act of 2026, legislation to increase transparency and competition in the pharmacy benefit manager (PBM) market and help lower prescription drug costs.
PBMs serve as middlemen between health plans, pharmacies, and drug manufacturers and play a major role in determining prescription drug costs. However, rebates, disco...