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Senators question why PBMs 'even exist' in heated hearing amid push for reform

Senators pilloried the lack of transparency from pharmacy benefit managers during a hearing Thursday, as lawmakers hope to pass reforms this session.


The Senate Commerce Committee hosted the hearing amid concerns that PBMs steer patients toward pharmacies that they own. Lawmakers have introduced legislation to shed light on the issue, but some Republicans have balked over giving the federal government more authority.


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