We still have a long way to go to prevent PBM manipulation of patient access to effective and affordable medicines. I was glad to see the lower cost, more transparency act signed into law by President Trump. As you know, The PBM transparency and disclosure requirements, including that law, will give patients and plan sponsors a more accurate picture of how little-known companies have distorted and taken advantage of our nation's health care system. My question, Mr. Secretary, do you consider vertical integration by the PBMs and their related companies a safety issue? I absolutely do. (02:19–02:33)
CLAIM
Asserts that PBM transparency and disclosure requirements will provide a clearer picture of healthcare system distortions.
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.
