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SenFinance's profile
Senate Finance Committee
Senate Finance Committee
Senate Finance Committee
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@SenFinance

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Senate Finance CommitteeVerified account

@SenFinance

News and information from the press office of Senate Finance Committee Chairman @ChuckGrassley of Iowa

Washington, D.C.
finance.senate.gov
Joined July 2012

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    1. Senate Finance Committee‏Verified account @SenFinance Oct 22
      • Report Tweet

      .@ChuckGrassley and @SenBillCassidy: PDPRA makes important changes to the structure of the Part D program. Pharmacy Benefit Managers (PBMs), used by Part D drug plans, should be incentivized to control costs for patients.https://www.nationalreview.com/2019/10/prescription-drug-pricing-reduction-act-bipartisan-plan-make-prescription-drugs-affordable/ …

      2 replies 0 retweets 2 likes
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    2. Senate Finance Committee‏Verified account @SenFinance Oct 22
      • Report Tweet

      .@ChuckGrassley and @SenBillCassidy: But under the current system, when the cost of a medication rises above what is called the catastrophic level, the patient remains liable for 5 percent of the list price and the taxpayers for 80 percent.

      1 reply 0 retweets 1 like
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      Senate Finance Committee‏Verified account @SenFinance Oct 22
      • Report Tweet

      .@SenFinance Chairman @ChuckGrassley and @SenBillCassidy: PDPRA ends this negative incentive by changing how the Part D program is structured, so PBMs have more incentive to negotiate the best deal.

      11:01 AM - 22 Oct 2019
      0 replies 0 retweets 1 like

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