Budzinski Hosts Pharmacist Roundtable to Call Out Predatory Drug Middlemen
EDWARDSVILLE — Today, Congresswoman Nikki Budzinski (IL-13) hosted a roundtable with independent pharmacists, pharmacy students and faculty at the Southern Illinois University Edwardsville (SIUE) School of Pharmacy to discuss the predatory practices of Pharmacy Benefit Managers (PBMs). Under the current system, PBMs act as middlemen between manufacturers, insurers and pharmacies - inflating drug prices at the expense of patients with complex rebate and pricing structures. In Illinois and across the country, PBMs have forced independent pharmacies to close by steering patients to PBM-affiliated pharmacies and excluding in-network pharmacies from filling prescriptions. “Today’s conversation made clear that we must take action to rein in PBMs who have gone unchecked for far too long,” said Congresswoman Budzinski. “That’s exactly why I’m fighting to pass legislation to provide more transparency, accountability and guardrails to crack down
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