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"A strong dose of transparency would help eliminate practices that allow players in the supply chain to game the system at taxpayer expense." - @ChuckGrassleyhttps://www.modernhealthcare.com/opinion-editorial/lets-prescribe-dose-common-sense-end-spread-pricing-medicaid …
"Consider a practice known as spread-pricing. This occurs when PBMs buy drugs from wholesalers at one price and sell to pharmacists at an inflated price." - @SenFinance Chairman @ChuckGrassley
.@ChuckGrassley's op-ed: The existing contracts show that the difference is especially egregious for generic drugs, with PBMs pocketing the difference and making a killing off of taxpayers and programs to support the low-income members of our communities.
pbm transparency is a must!
Spread pricing is the low hanging fruit. Companies that are willing to siphon this kind of $ out of Medicaid programs need a full federal audit, because they are increasing healthcare spending and not adding value. Regulate pbms and stop DIR feespic.twitter.com/6S9DF2OB14
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