PBM Accountability Project of Iowa

[PBM Accountability Project of Iowa @PBMprojectIA]

A recent audit of state Medicaid records found that #PBMs have made more than $100 million through overbilling and incomplete savings passthrough from 2019 to 2021 - Iowans deserve better - we need #PBMreform https://t.co/1KCwUBQWa5

[PBM Accountability Project of Iowa @PBMprojectIA]

.@iastateauditor Rob Sand annoucned in an audit of 3 PBMs in the state Medicaid system found that 1/3 companies overcharged the program by $100 million. Read more here: https://t.co/6wSPDeNemM

[PBM Accountability Project of Iowa @PBMprojectIA]

In response to increasing pressure and commonsense legislation by lawmakers, OptumRx has announced an end to spread pricing, which many argue exploits plan sponsors and patients for profit. We must continue to push for further #PBMreform. Read more: https://t.co/6qtw6waCjq

[Chuck Grassley @ChuckGrassley]

C what was in my farm mailbox. A flyer thanking me for my senate leadership is rare.  I thx the organization for telling Iowans abt my work to reduce drug prices

[PBM Accountability Project of Iowa @PBMprojectIA]

While the game has changed with recent #PBMreforms, the Big 3 and other #PBMs have found a new way to stack the deck. PBM-affiliated GPOs represent the newest way that #PBMs look to profit off of patients and pharmacies. Read more here: https://t.co/p0Grrq6UbG

[PBM Accountability Project of Iowa @PBMprojectIA]

New study found that insurers integrated with a PBM did not pass through savings to enrollees as lower premiums. Vertical integration between #PBMs and Insurers result in major conflicts of interests at the expense of patients and must be reformed now. https://t.co/hm70oABBLO

[PBM Accountability Project of Iowa @PBMprojectIA]

New research from @USCSchaeffer reveals just 3 #PBMs dominate Medicaid, Medicare Part D, & commercial markets in Iowa and across the US, reinforcing why #PBMreform is crucial for patients. Read the study here: https://t.co/AYL58Qqjw4

[PBM Accountability Project of Iowa @PBMprojectIA]

OptumRx – owned by UnitedHealth Group – is one of the nation's largest insurers. Learn more on how vertical integration of insuers and #PBMs impacts employer costs, pharmacy access, and what patients pay here: https://t.co/KFdgYUtMKw

[PBM Accountability Project of Iowa @PBMprojectIA]

We applaud @RepMMM for pulling back the curtain on #PBMs’ new playbook of using GPOs during last week's E&C hearing:
“Are PBM GPOs just to cover for the Big Three to say in a contract that they pass through 100% of the rebates they get..." Learn more here: https://t.co/CKoMgv2lFX

[Chuck Grassley @ChuckGrassley]

In the new yr I expect Congress to work to lower the cost of Rx drugs I suggest passing my Pharmacy Benefit Manager (PBM) reforms ASAP #99countymeetings

[PBM Accountability Project of Iowa @PBMprojectIA]

Thanks @ChuckGrassley for all your work to advance #PBMreforms & lower Rx costs!

[Chuck Grassley @ChuckGrassley]

Honored 2 receive the “Accountability 4 Middlemen��� Award For yrs Ive fought to holds Rx middlemen called PBMs accountable Congress must pass bipart PBM transparency & reform legis 2 lower Rx costs ASAP

[PBM Accountability Project of Iowa @PBMprojectIA]

We applaud Senator @ChuckGrassley for his support towards reining in #PBMs by signing onto the Pharmacy Benefit Manager (PBM) Price Transparency and Accountability Act. This is a crucial peice of #PBM reform legilsation and must be passed into law. https://t.co/B1yWnGLrLc

[PBM Accountability Project of Iowa @PBMprojectIA]

“#PBMs play a significant role in the pharmaceutical drug supply chain. They act as middlemen processing prescriptions, negotiating prices [and] setting formularies.” Congress must follow @ChuckGrassley's lead holding PBMs accountable and pass #PBMReform https://t.co/Iijm3HzpuR

[PBM Accountability Project of Iowa @PBMprojectIA]

“Piecemeal changes won’t solve the broader issues posed by pharmacy benefit managers, which is why I’m still pushing for Congress to find a bipartisan solution on #PBM reform,” Thank you @ChuckGrassley for highlighting the need for meaningful #PBMReform https://t.co/r9yOiU9Mde

[PBM Accountability Project of Iowa @PBMprojectIA]

SF 383 has been temporarily blocked by a district judge. This bill is crucial to saving independent pharmacies being forced out of business from predatory #PBM practices. We urge the State of IA to allow the bill already signed by @IAGovernor to remain law https://t.co/Xh0i3YcqQ9

[PBM Accountability Project of Iowa @PBMprojectIA]

The @gazettedotcom Iowa Ideas Conference brought together policymakers, healthcare professionals, and advocates from across the state to tackle some of the most pressing challenges, including rising Rx drug costs and the opaque world of #PBMs. More here: https://t.co/VRCTA1rnyl

[PBM Accountability Project of Iowa @PBMprojectIA]

A coalition of pharmacy groups have filed an Amicus Brief urging a federal court to uphold a #PBMreform law designed to reform harmful #PBM practices. Read more here: https://t.co/fGtPeCkU05

[PBM Accountability Project of Iowa @PBMprojectIA]

Several state and Federal reform efforts are taking place to bust up the #PBM monopoly incuding SF 383. By enacting this bill into law, Iowa joins Texas, Georgia, Indiana, and Montana that recently passed similar legislation to address this important issue https://t.co/VOVYjWAG0U

[PBM Accountability Project of Iowa @PBMprojectIA]

"The #PBM business model also harms local, rural pharmacies with restrictive contracts and under-reimbursements, making it hard for them to keep their doors open for local residents." @ChuckGrassley understands games #PBMs play. The time for reform is now. https://t.co/TW8NNVwM0e

[PBM Accountability Project of Iowa @PBMprojectIA]

ICYMI: Op-ed in the @gazettedotcom details the harm #PBMs have done to Iowas community pharmacies and the importance of SF 383 is to keep care local for patients. Read more here: https://t.co/PVyfbpAI3u