WASHINGTON, Dec. 5 -- Sen. Roger Marshall issued the following press release:
On Thursday, U.S. Senator Roger Marshall, M.D. (R-Kansas) and Senator Lisa Blunt Rochester (D-Delaware), introduced the PBM Disclosure Act, bipartisanlegislation that would require Pharmacy Benefit Managers (PBMs) and other third-party administrators to disclose all forms of direct and indirect compensation they receive while managing prescription drug benefits for employer-sponsored health plans.
"Americans deserve a fair deal, not a rigged system where PBMs profit while families struggle to afford their medications,"said Senator Marshall. "This bill is a straightforward transparency measure that will help employers understand what they're paying for and help s...