PolitiQuote

Discover video-sourced quotes by politicians

Dave McCormick: “PBMs are a big source of the incremental cost rise [in drug…”

Featuring: Dave McCormick, Republican | U.S. Senate, Pennsylvania

Watch on YouTube

Senator McCormick Delivers Remarks at the Pennsylvania Press Club

Published | Video Starts at 42:00

We've taken a step to fix that. That should bring down drug prices. And then there's Trump rx, where you can actually go and order the drugs yourself, which takes out the PBMs are a big source of the incremental cost rise [in drug prices]. So there's things happening on the margin, but this is an area where I think there needs to be a lot more good thinking. (42:00–42:09)

CLAIM

Asserts that Pharmacy Benefit Managers (PBMs) significantly contribute to rising drug costs.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Dave McCormick

Discover more from

Dave McCormick

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.