Cuban and Harris Unite to Challenge Pharmacy Benefit Managers' Influence
Stat News
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Contributed by: Bill Russell
Summary
Mark Cuban's campaign against pharmacy benefit managers (PBMs) is gaining traction, bolstered by support from Vice President Kamala Harris, who recently announced a proposal addressing middlemen in the pharmaceutical industry. This development aligns with Cuban's advocacy for greater healthcare transparency and clear pricing, aimed at reducing the influence of PBMs that contribute to high drug costs. His push for reform resonates with a growing coalition of policymakers concerned about the healthcare system's complexity and lack of accessibility. The collaboration between Cuban and Harris could herald a notable shift in federal approaches to PBM-related issues as scrutiny of the pharmaceutical industry intensifies.