PBM Accountability Project of Colorado

[PBM Accountability Project of Colorado @PBMprojectCO]

#PBM-affiliated speciality pharmacies continue to dominate the dispensing of specialty drugs, with the three largest capturing two-thirds of total prescription revenues for specialty drugs, according to a recent analysis from @DrugChannels. Read more here: https://t.co/iH9z21YS2l

[PBM Accountability Project of Colorado @PBMprojectCO]

“We did not find that any cost savings for insurers that integrated with a #PBM were passed through to enrollees as lower premiums” - Penn’s Leonard Davis Institute study illustrates the urgent need for further #PBMreform. Read more: https://t.co/nLH7AGmHOb

[PBM Accountability Project of Colorado @PBMprojectCO]

A new law protecting Colorado's rural pharmacies took effect in January, looking to level the playing field. However #PBMs have refused to comply with new guidelines, showing the need for further #PBMreform and enforcement. https://t.co/1Rf7f9FEJq

[PBM Accountability Project of Colorado @PBMprojectCO]

.@USCSchaeffer finds that Colorado’s Medicaid & Medicare Part D retail prescription markets are highly concentrated among just 3 #PBMs, jeopardizing patient access and competition. Read more here: https://t.co/uRaHQzrIy1

[PBM Accountability Project of Colorado @PBMprojectCO]

"Congress must demand transparency from #PBMs, including a public reporting of rebate amounts and a full disclosure of exactly what gets passed along to insurers, employers, and patients." Read more on how PBMs distort drug priceshere: https://t.co/MdrMQYa1Ew

[PBM Accountability Project of Colorado @PBMprojectCO]

The PBM Accountability Project of Colorado continues to educate policymakers at all levels of government about additional legislative and regulatory solutions to help hold #PBMs accountable and deliver prescription drug savings to patients. Learn more here https://t.co/XIidKLS2H9

[PBM Accountability Project of Colorado @PBMprojectCO]

Thank you, @MichaelBennet for cosponsoring the newly introduced and bipartisan Pharmacy Benefit Manager (PBM) Price Transparency and Accountability Act. This promising bill aims to fix market distortions put in place by #PBMs and lower Rx drug costs. https://t.co/GoCQORHYTo

[PBM Accountability Project of Colorado @PBMprojectCO]

A recent @Drug_Topics Discussion featured Colorado’s latest #PBM reform and what it could mean for pharmacies and patients if more states, or even the federal government, adopt similar laws. Watch the video here: https://t.co/tQfRT4UaFv

[PBM Accountability Project of Colorado @PBMprojectCO]

California Gov. @GavinNewsom recently signed new widespread #PBMreform legislation into law, becoming the latest state to implement regulations on the industry. It's encouraging to see other states act to rein in these drug pricing middlemen. https://t.co/KaPnUQHrzc

[PBM Accountability Project of Colorado @PBMprojectCO]

Employer use of transparent #PBMs have more than doubled in the past year, according to a recent survey by @ntlalliancehlth. Employers & employees both benefit from more transparency, not major corporate middldemen PBMs. Learn more here: https://t.co/UVNJcnqFLl

[PBM Accountability Project of Colorado @PBMprojectCO]

Harmful business practices from #PBMs can dictate what is deemed a medical necessesity, taking the control out of the physicans hands who know best. This is why passage of House Bill 1094 to reform #PBM practices is a major win for patients in Colorado. https://t.co/bmqXWLouqb

[PBM Accountability Project of Colorado @PBMprojectCO]

HB 1094 will regulate how #PBMs can earn income and issue reimbursement to phramacies, but will not impact large-scare employers. A new story in the @denbizjournal breaks down what employers can do to design their own pharmacy strategy to lower Rx costs. https://t.co/yj9MZrdr8Z

[PBM Accountability Project of Colorado @PBMprojectCO]

Colorado lawmakers took historic, bipartisan action by signing HB 1094 into law. This bill will protect patient access and preserve Colorado's independent pharmacies, keeping care local. Op-ed in the @GreeleyTribune covers the importance of #PBM reforms: https://t.co/2AUJAmHSfd

[PBM Accountability Project of Colorado @PBMprojectCO]

New: Letter from PBMA into Congressional members' offices who introduced the #PBM Reform Act, thanking the bipartisan group of legislators for sticking up for patients. This crucial bill must become law in order to lower Rx drug costs.
https://t.co/fgcMJupkyV

[PBM Accountability Project of Colorado @PBMprojectCO]

Competition should drive down costs, not block access. When #PBM practices block patient access to life-changing biosimilars and hold back savings, it’s time for bipartisan action. Congress must deliver #PBMreform in 2025 to lower Rx drug costs for all. https://t.co/yNGEGYDHn4

[PBM Accountability Project of Colorado @PBMprojectCO]

Thank you, @GovofCO for holding middlemen accountable by signing HB-1094 into law! This key legislation will help bring much-needed transparency to the #PBM marketplace, a big win for Colordo patients. https://t.co/vjjMAnr33q

[PBM Accountability Project of Colorado @PBMprojectCO]

@RepRyanArmagost, @RepCarlosBarron, @RepCaldwell, @LGSforHD65, @AnthonyHartsook, @dusty4colorado, @RoseforCO, @RichardsonHD56, @SoperMatthew, @LSuckla, @RepTyWinter, @DanielPWoog

[PBM Accountability Project of Colorado @PBMprojectCO]

Thank you for lowering Rx drug costs for Colorado families and holding PBMs accountable by passing House Bill 1094. #coleg #PBMreform #copolitics

[PBM Accountability Project of Colorado @PBMprojectCO]

@McCluskieforCO, @amyfor18, @MannyRutinel, @gretchenforCO, @LesleyForCU, @Story4CO, @BriannaForCO, @ValdezforCO, @YZokaie

[PBM Accountability Project of Colorado @PBMprojectCO]

Thank you for lowering Rx drug costs for Colorado families and holding PBMs accountable by passing House Bill 1094. #coleg #copolitics #PBMreform

[PBM Accountability Project of Colorado @PBMprojectCO]

@KyleBrownHD12, @baconforco, @ShannonBird4CO, @rep_boesenecker, @chadclifford, @ReginaEnglishCO, @RepLorenaGarcia, @LindsGilchrist, @eliza4colorado, @Junie4Colorado, @Lieder4CO, @WSLindstedt, @MeghanLukens, @javier_mabrey, @Bob4Colorado, @MartinezforSoCo, @McCormickForCO