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Addressing High Drug Prices by Reforming Pharmacy Benefit Managers

Published online by Cambridge University Press:  04 March 2024

Benjamin N. Rome Open the ORCID record for Benjamin N. Rome [Opens in a new window]
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Abstract

Recently, Congress has focused on reforms to address pharmacy benefit managers’ (PBMs) role in high drug prices for patients. Congress must not excessively restrict PBMs’ ability to negotiate with manufacturers; alternatively, reforms could be paired with other policies that address the high prices of brand-name drugs.

Keywords

Prescription Drug PricesPharmacy Benefit ManagersManufacturer RebatesHealth PolicyCongressional Reform
Type
Symposium Articles
Information
Journal of Law, Medicine & Ethics , Volume 51 , Issue S2: Promoting Drug and Vaccine Innovation and Managing High Prices: Three Proposals for Policy Reform , Winter 2023 , pp. 46 - 51
Copyright
© 2023 The Author(s)

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