NASP Applauds the Senate Finance Chairman for Working to Address Unfair PBM Practices
June 26 2024 - 7:18PM
The National Association of Specialty Pharmacy (NASP) thanks U.S.
Senate Finance Committee Chairman Ron Wyden (D-OR) for
proactively engaging the Biden Administration to address illegal
and egregious practices that are limiting patient access to the
specialty pharmacy of their choice and specialty pharmacy
businesses throughout the U.S.
On June 24, Chairman Wyden sent a letter to the Centers for
Medicare and Medicaid Services (CMS), asking the agency to
immediately “step up oversight and enforcement of Medicare Part D
program requirements for PBMs that protect pharmacies from unfair
contract practices.” Calling out those PBMs that are not
adhering to CMS-issued Medicare Part D rules affecting pharmacy DIR
fees and undermining payments to pharmacies to limit patient
network access, the Chairman put a fine point on aggressive PBM
actions that are both against existing law and in violation of
rules the Biden Administration has established that went into
effect as recently as January 2024.
The Chairman outlines immediate actions CMS must take (in
summary):
- Enforce “Any Willing Pharmacy” requirements by ensuring that
PBMs reimburse pharmacies at a minimum of the cost to acquire and
dispense covered prescription drugs.
- Enforce, such as through auditing, the pharmacy price
concessions provision included in the 2023 Medicare Part D final
rule that requires all pharmacy price concessions be applied to
negotiated prices at the point of sale under Part D.
- Implement standardized pharmacy performance measures.
- Review formal or informal complaints about PBM contracting
practices under Part D received over the past 18 months to
determine if the number of complaints is higher than in prior
years.
- Respond to this letter with the number of formal or informal
complaints received about PBM contracting practices over the past
18 months, a description of the type of complaints received, and
the disposition of the complaints.
“We thank Chairman Wyden for his continued leadership and ask
that CMS use its existing authority to enforce the law and its own
regulations without delay and while Congress continues to work to
pass broader reforms to protect specialty pharmacies and their
patients,” said Sheila Arquette, R.Ph., NASP President and
CEO. “NASP remains grateful for the bipartisan work in the
Senate and House to establish broader pharmacy protections within
PBM reform legislative efforts. These efforts by CMS and
Congress must be accomplished this year. Pharmacies
and their patients with chronic, life-altering and sometimes
life-threatening conditions have waited long enough!”
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NASP represents all specialty pharmacy industry stakeholders.
Specialty pharmacies serve patients who have complex health
conditions like cancer, rheumatoid arthritis, multiple sclerosis,
cystic fibrosis, hemophilia, organ transplantation and rare
diseases. Specialty pharmacies are accredited by an independent,
third party nationally recognized accreditation organization
ensuring consistent quality of comprehensive drug and disease
management and clinical patient care services.
Sheila M. Arquette, RPh
National Association of Specialty Pharmacy (NASP)
(703) 842-0122
Sheila.Arquette@NASPnet.org