W&M To Mark Up Bill Tightening Part D Cost-Sharing, Prior Authorization, PBM Transparency

By Gabrielle Wanneh, Bridget Early / July 25, 2023 at 8:13 AM
The House Ways & Means Committee unveiled multi-pronged legislation it will mark up Wednesday (July 26) that has reporting requirements for pharmacy benefit managers, steps to keep insurers’ prior authorization in check and limits on Medicare Part D plans’ cost-sharing amounts for beneficiaries after they’ve reached their plan’s deductible beginning Jan. 1, 2027. The bill -- the Health Care Transparency Act -- will be marked up alongside another health care transparency bill, the Providers and Payers COMPETE Act. The Health...

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