Local pharmacy closings get spotlight in Washington during Senate hearing

President Biden delivers remarks on rebuilding infrastructure and securing jobs. He's expected to announce funding to replace lead pipes.6 On Your Side viewers why he and his wife couldn’t keep their central Ohio pharmacies open, primary due to paltry reimbursements from pharmacy benefit managers.

I just met with two Ohio pharmacists last week, forced to close their stores. They are in rural areas, five pharmacies in different communities where those community people, those communities, will have to drive at least 5 or 10 miles. They had record sales, but PBM practices that they can't even break even.", during a two-hour hearing of the Senate Finance Committee. The Ohio democrat noted that the problem of community pharmacies closing isWitty replied: "I don't.

Brown retorted that Witty’s testimony showed why Congress needs to finally pass a bill cracking down on the obscure, but powerful drug chain middlemen. The senator said UnitedHealth Group's PBM, OptumRX, "reported revenues of $116 billion, so it's pretty clear you could you could lower or eliminate those fees and still be making plenty of money."

Pbms Senate Ohio Closings Brown Witty Reimbursements

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