AG Davenport, Bipartisan Coalition Support Federal Rule to Increase PBM Transparency in Drug Pricing
Attorney General Jennifer Davenport led a 45-state bipartisan coalition calling for increased federal oversight and transparency of pharmacy benefit managers.
New Jersey AG Jennifer Davenport and a 45-state bipartisan coalition are urging the federal government to mandate transparency for Pharmacy Benefit Managers (PBMs). The move seeks to lower drug costs by allowing employers to audit how these healthcare middlemen generate revenue and negotiate prices.
