Prohibiting Pharmacy and PBM Ownership for Federal Employee Health Plans
This act aims to prevent conflicts of interest in drug provision for federal employees. It prohibits insurance companies and pharmacy benefit managers from owning pharmacies, which could lead to fairer prices and increased competition in the drug market. This means federal employees may benefit from better access to medications and potentially lower costs.
Key points
Insurance companies providing federal employee health plans cannot own pharmacies.
Pharmacy Benefit Managers (PBMs) for federal employees cannot own pharmacies.
The goal is to increase competition and potentially lower drug costs for federal employees.
Introduced
Citizen Poll