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House Speaker Mike Johnson said the spending bill to clear the decks for the incoming Trump administration and keep the U.S. government operating is almost done. He expects the bill text to be released over the weekend. It could include a critical part of President-elect Donald Trump’s healthcare agenda: cracking down on Pharmacy Benefit Manager middlemen who drive up drug prices for seniors.
Kevin Duane, a pharmacist from Jacksonville, Florida, recently told the House Committee on Oversight and Accountability, “Patients and their doctors have virtually no say in what drugs are used, since the PBM essentially forces which drugs can be used – not because a drug is better or worse, but because the PBM can make more money from it.”
Unfortunately, Joe Biden repealed the Trump drug rebate rule with the so-called Inflation Reduction Act, preventing those seniors most at risk from getting the savings they needed.
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