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Lobbying Congress to rein in PBMs intensifies as social spending bill considered

Posted On: Dec. 6, 2021 10:02 AM CST

Lobbyists for drugmakers, pharmacists and large employers are pressing lawmakers in Congress to rein in pharmacy benefit managers, which they say are behind soaring drug costs, Politico reports. The effort to paint PBMs as villains has sparked a multimillion-dollar campaign to influence Democrats, who eager to show they are taking on the powerful drug industry to lower costs for Americans, the report says.