Tag: Lowering Costs

Daines Fights for Increased Transparency, Lower Prescription Drug Costs for Montanans

U.S. SENATE – U.S. Senator Steve Daines today in a U.S. Senate Finance Committee hearing grilled Pharmacy Benefit Manager executives (PBMs) on the need to increase transparency and lower prescription drug costs for Montanans. PBMs, which serve as the middle men between insurance companies and patients, are responsible for negotiating drug costs for patients. Daines slammed their current practices as failing Montanans. Click HERE to download Currently, there is a bill moving through the Montana legislature shedding light on PBMs pricing practices. Several of the PBM executives on the panel today oppose the bill. Daines pressed the executives, “Why are you fighting