Profits Over Patients: Who Benefits from PBM?: House HELP SubCmte Hearing
"Profits Over Patients: The PBM Business Model Under Scrutiny"
Committee: House Education and Workforce
Subcommittee: House Education and Workforce Subcommittee on Health, Employment, Labor, and Pensions
https://edworkforce.house.gov/calendar/eventsingle.aspx?EventID=413217
Pharmacy Benefit Managers (PBMs) act as intermediaries between insurers, employers, and drug manufacturers, managing prescription drug benefits through three primary business models: traditional, pass-through transparent, and hybrid.
PBMs want transparency rule on ice, but drug companies also want prices to stay hidden
https://www.statnews.com/2026/04/20/pbm-reform-proposal-draws-lobbyist-opposition/
5 Things To Know About Pharmacy Benefit Managers
https://www.americanprogress.org/article/5-things-to-know-about-pharmacy-benefit-managers/
What are pharmacy benefit managers (PBMs) and why we need reform?
https://www.ama-assn.org/health-care-advocacy/access-care/what-are-pharmacy-benefit-managers-pbms-and-why-we-need-reform
OPENING STMT
Rep. Rick Allen (R-GA)
https://republicans-edlabor.house.gov/UploadedFiles/Allen_OS_4.22.26.pdf
WITNESSES
Mr. James Gelfand
President and CEO, The ERISA Industry Committee (ERIC)
https://www.congress.gov/119/meeting/house/119202/witnesses/HHRG-119-ED02-Wstate-GelfandJ-20260422.pdf
Mrs. Chris Deacon
Principal and Founder, VerSan Consulting
https://www.congress.gov/119/meeting/house/119202/witnesses/HHRG-119-ED02-Wstate-DeaconC-20260422.pdf
Ms. Mariana Socal
Associate Professor, Johns Hopkins Bloomberg School of Public Health
https://www.congress.gov/119/meeting/house/119202/witnesses/HHRG-119-ED02-Wstate-SocalM-20260422.pdf
Ms. Hannah Anderson
Director, Healthy America Policy and Senior Director of Policy, America First Policy Institute
https://www.congress.gov/119/meeting/house/119202/witnesses/HHRG-119-ED02-Wstate-AndersonH-20260422.pdf
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