Best Defense Is Good Offense: PhRMA Wants PBMs To 'Share The Savings'
PhRMA ad campaign targets US payer practice of using drug rebate dollars for general premium and cost sharing reductions and not to lower the cost of specific prescription fills.
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First-of-its-kind state law requires 100% of rebates be redirected to offset patient cost sharing at the point of sale in commercial insurance plans.
Biggest benefit to manufacturers from the insurer's upcoming program may be relieving public pressure on list prices.
Express Scripts CEO Timothy Wentworth and PhRMA President Steven Ubl discussed some of the issues around drug rebating practices at the Forbes Healthcare Summit, including point-of-sale rebates.