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US House Oversight Committee launches investigation into pharmacy benefit managers’ business practices

( March 1, 2023, 16:23 GMT | Official Statement) -- MLex Summary: The House Committee on Oversight and Accountability is launching an investigation into pharmacy benefit managers’ tactics that are harming patient care and increasing costs for consumers, Committee chair James Comer said. Comer called on the largest PBMs — CVS Caremark, Express Scripts, and OptumRx — to provide documents, communications, and information related to their practices. "Pharmacy Benefit Managers’ anticompetitive tactics are driving up health care costs and harming patient care," Comer said. "The House Oversight and Accountability Committee is shining a light on this issue in the healthcare system and will continue to examine solutions to make prescription drugs more affordable for all Americans."Statement and documents follow below:...

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