Jul 27, 2023 · The bill would save Medicaid an estimated $1 billion over 10 years. The Drug Price Transparency in Medicaid Act of 2023 will require Medicaid’s payments to PBMs to be passed directly to pharmacies, excluding administrative fees.

Apr 3, 2023 · WASHINGTON – Senator Peter Welch (D-VT) and Senator Roger Marshall (R-KS) announced the introduction of the Drug Price Transparency in Medicaid Act of 2023, legislation to limit abusive pricing practices by pharmacy benefit managers (PBMs), including the use of a technique called ‘spread pricing,’ where PBMs charge Medicaid more than they ...

Sep 11, 2024 · WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.) today introduced the bicameral 340B Pharmaceutical Access To Invest in Essential, Needed Treatments & Support (PATIENTS) Act, legislation that would protect the 340B drug pricing program and ensure patients—especially those in lower income and rural communities—can continue care with ...

Apr 3, 2023 · Vermont Business Magazine Senator Peter Welch (D-VT) and Senator Roger Marshall (R-KS) announced the introduction of the Drug Price Transparency in Medicaid Act of 2023, legislation to limit abusive pricing practices by pharmacy benefit managers (PBMs), including the use of a technique called ‘spread pricing,’ where PBMs charge Medicaid ...

Apr 28, 2023 · Vermont Senator Peter Welch joined advocates to highlight what they say is a need to protect Medicaid as its provisions are threatened by a bill passed by the Republican House majority.

Apr 9, 2023 · My bipartisan bill, the Drug Price Transparency in Medicaid Act, would stop something called “spread pricing” — an abusive practice by pharmacy benefit managers (PBMs) that drives up costs for the Medicaid program and our independent pharmacies.

Apr 4, 2023 · WASHINGTON (WCAX) - Vermont Senator Peter Welch has joined with GOP colleagues to sponsor a bill aimed at bringing down the cost of prescription drugs. Welch and Senator Roger Marshall,...

Mar 29, 2023 · To amend title XIX of the Social Security Act to improve transparency and prevent the use of abusive spread pricing and related practices in the Medicaid program. Sponsors Peter Welch (VT)

Sep 12, 2024 · U.S. Senator Peter Welch (D-Vt.) yesterday introduced the bicameral 340B Pharmaceutical Access To Invest in Essential, Needed Treatments & Support (PATIENTS) Act, legislation that would protect the 340B drug pricing program and ensure patients—especially those in lower income and rural communities—can continue care with providers who ...

Sep 16, 2024 · They joined U.S. Sen. Peter Welch, D-Vt., at a press conference in Williston to push for a federal bill he is sponsoring that aims to stabilize the federal government’s Medicare reimbursement...