LIVE: US Reps. Auchincloss, Harshbarger Speak on 'Pharmacy Benefit Manager Price Gouging Abuses'

NTD
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4 Video Views·Sep 19, 2024
U.S. Reps. Jake Auchincloss (D-Mass.) and Diana Harshbarger (R-Tenn.) hold a press conference to speak on the issue of "pharmacy benefit manager price gouging abuses" at 12:00 p.m. ET on Sept. 19.
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And then we're going to have some pharmacist testimonials.
Hey Ralph.
Appreciate you joining on this.
We need 25 and 25.
These and ours on this bill.
That is the goal for us.
I don't know why anybody would sign.
We're going to go in order.
Honestly, it's a little bit on my side too.
We're halfway there.
This is it.
Two minutes.
He's the last one to go, so I probably will not wait for him.
I will wait for her.
Okay, sounds good.
I'm James. Nice to meet you.
Hey, I'm going to talk to Mike.
I'm going to talk to Mike.
You have to be mean.
Hey, nice.
Good afternoon.
I'd like to thank the independent pharmacists,
patient advocates, and members of Congress for being here today
to bring attention to the price-gouging abuses
of pharmacy benefit managers, or PBMs.
I'd also like to thank Congresswoman Harshbarger,
a pharmacist, with whom I introduced
the Pharmacists Fight Back Act,
bipartisan legislation to crack down
on the most nefarious price-gouging abuses
by pharmacy benefit managers
that drive up prescription drug costs.
PBMs claim to negotiate
on behalf of employers and patients to lower drug costs,
and that sounds very noble.
That is far from the truth.
In reality, PBMs are the middlemen
of the drug-pricing supply chain,
owned by health insurance companies
and working to increase their own profits.
The Federal Trade Commission's July investigation
exposed the corporate greed of these PBMs.
According to the FTC,
these PBMs have influenced
what prescription drugs are available to patients
and at what they cost.
Three PBMs, CVS Caremark, Cigna Express Scripps,
and UnitedHealth Group's OptumRx,
own 80% of the market share.
They've taken money
directly out of the pockets of seniors,
taxpayers, and pharmacists
by inflating the price of medications
for their own benefit, capturing $300 billion
from the U.S. healthcare system.
The FTC investigation
showed the plain facts.
PBMs mark up the cost of drugs
by thousands of percent while raking
in millions of profit.
Take CVS Caremark, for example.
At the July House Oversight Committee hearing,
I asked its president
why he was charging $6,229
for a $16
multiple sclerosis drug.
He had no real answer.
Now, this multiple sclerosis drug
is $17, and
CVS Caremark has upped its price to
$7,636.
The greed does not end there.
$5,052
for a $39 leukemia drug.
$5,893
for a $91 drug for
prostate cancer.
PBMs also steer patients to
their affiliated pharmacies, paying their
own mail-order pharmacies as much as
200 times more for cancer
drugs than competing non-owned
pharmacies. This brought them
over $1 billion in revenue
off the backs of patients and independent
pharmacists. The consequence
is that last year, nearly one
independent pharmacy closed every day
in the United States.
The same is expected for this
year. This is because
PBMs are forcing
independent pharmacies to lose money
by filling prescriptions through their steering practices.
Over the last few weeks,
I've received thousands of messages from pharmacists
and patients all around the country.
People who are frustrated that they can't
afford their medications because they cost thousands
of dollars, even with insurance.
Pharmacists who are frustrated
because they can't serve their patients.
Yesterday, I met
with Bill and Sharon Schmidknecht,
the parents of Cole Schmidknecht,
who lost his life after
OptumRx increased the price of his daily asthma
medication to the point where he was
forced to choose between his medication
and his rent.
Bill and Sharon have become staunch and
courageous advocates of PBM reform,
and I am grateful they have chosen to
tell their story so that no other patient
or parent has to experience this pain.
I would like to finally recognize
the fortitude of the pharmacists
standing beside me. They continue
to serve their patients even when they cannot
afford to. In some parts of the United
States, pharmacists are their community's primary
healthcare provider.
I'm here today with these independent pharmacists to
tell PBMs, we see you,
we know what we're doing, and we're
here to fight.
Pharmacists fight back, we'll stop these markups,
patient steering, and patient exploitation
in their tracks, in federal healthcare
plans, and impose criminal violations
for such behavior.
No more exploiting the sick,
no more drugs being priced thousands of
percent above their acquisition costs,
and no more steering to PBM-affiliated
pharmacies. I've heard from
several pharmacists around the country that the
Pharmacists Fight Back Act gives them hope
and is the reason they will keep
from shutting their doors. To these
pharmacists, we will not let these
PBMs hide in the dark any longer.
Call your members of Congress
and tell them to sponsor the Pharmacists Fight Back Act.
Pharmacists are not backing
down, and neither are we.
Thank you, and I now want to turn this
over to my colleague
and co-lead of this important legislation,
Representative Harshbarger
of Tennessee, who is herself
a 30-year pharmacist.
I want to thank Jake for asking me to help
co-sponsor this legislation.
You know, you cannot
fix a problem if you don't understand it.
And, you know, I've been a pharmacist for 37
years. I've done everything you can do
in pharmacy.
I still have a pharmacy,
retail pharmacy, compounding,
sterile, non-sterile, home health,
hospice, because we are
an invaluable part of the health care system.
You know, when I came to Congress,
you just have to understand what it
meant. I went from the most trusted
profession to the least trusted profession
to come to Congress
to fight for something I've been advocating
for for the last 25 years.
And, as I said when I started,
you cannot fix a problem if you don't understand it.
And, just like these
independent pharmacists behind me,
they understand, and I
totally understand the pressures
that they go under every day just to conduct
business. You know,
I understand the
struggles that the community pharmacists
face with reimbursements,
with clawbacks, the
DIR fees, the prior approval,
the cost of drugs, the reimbursement.
And pharmacy benefit
managers and the outsized
domineering roles they
play in our drug coverage,
sending people, steering,
like Jake said, sending those
patients to their own pharmacies.
Why would the FTC
not have said that that shouldn't have
happened years ago?
And that's the question that, sitting on E&C,
that's the one thing that we've done this
past year. It's taken over a year
or even two to get them to
look and investigate the pharmacy benefit
managers and the shadowy practices
and the shell games that they play
with the pharmacists, with the patients,
with the rebate programs.
You know, they do maneuver into shadows
and they put the financial screws
to independent community pharmacies
and they often raise drug price and drug
costs to patients by steering
those prescription drug coverage to whatever
pads their bottom line.
You know, at the end of the day,
you've got to remember, PBMs,
they don't treat a single patient,
they don't cure a single disease,
and they do not insure a single American.
That is the bottom line.
And,
like I said, just a couple of months back,
we got the interim report, the FTC
report that Representative
Auchincloss was talking about.
And it is detrimental
to the PBM industry.
You know, it shows the self-dealing,
distorting competition, essentially
printing their own money, and now it's
well documented that there's certain medications
that get marked up
by thousands of dollars.
And they flow toward those
pharmacies that are owned by the same
parent company as the PBM
who sets the prices.
So, it's past time to do something
about these entities.
That's why this pharmacist
back is so important to build on many
other bipartisan PBM
bills and legislation.
We passed the
Lower Cost, More Transparency Act.
There's a lot of different PBM legislation.
There's still a lot of other things we're doing.
We've included oversight. We've included
ways and means. Any committee who wants to
look at the pharmacy benefit
manager practices, we've included
them. Comprehensive
PBM reform is an absolute
necessary part of lowering drug costs
for patients, employers, and
government programs. And it levels the
playing field for independent community
pharmacists. This bill will put
in place much needed reforms
in federal programs to stop the gouging
of independent pharmacies and
make life-saving drugs more affordable
for patients and implement solutions
that will yield savings
to the taxpayers.
So, I want to thank you, Jake.
I call these younger than me
representatives
by their first name. It's not a sign
of disrespect. I just like to
be on that level.
I appreciate him for leading the bill
and the many great pharmacists behind
me that came out to support this.
I want you to know
that we've only begun.
That's just the interim report.
When we get the conclusive report,
it's going to be
something they can't run
and hide from.
I'm happy to introduce
the next speaker, Representative
Nikki Budinsky.
We've got the parents of Bill and Sharon.
Oh, okay. Wait a minute.
We've got the parents.
Come up here.
Good morning
or good afternoon. I'm Shannon Schmidtnick.
This is my husband, Bill Schmidtnick.
We come to
you just as
not pharmacists, not doctors,
not politicians.
We are grieving parents.
Our son
Cole
Sorry.
Our son Cole
passed away January
21st of this year.
Cole went to
a pharmacy on January
10th to pick up
a prescription that he had been
on for years.
Had he gone in December,
that prescription would have cost him
roughly $66.
When he went on January 10th,
he was given a price tag of
over $500
for that prescription.
He had asthma,
a completely preventable,
manageable,
lifelong condition.
He opted
to pay his rent instead of
pick up his medication on January
10th.
Five days later,
we received text messages
and a call that Cole was having
an asthma attack that got
severe. On the
way to the emergency room on January
15th, Cole's asthma
attack turned into
cardiac arrest.
On January 15th, Cole
ended up in the ICU
and on a ventilator.
As obviously
we rushed to the ICU
in Appleton, Wisconsin.
We spent six days with our son
in ICU.
He passed
away on January 21st
2024
over a prescription that he
couldn't afford.
We are so
thankful to all of you, everyone
standing here
for PBM reform efforts
and we will do everything we can
to continue to support
these efforts. Our son's
life didn't have a
price tag
and we are so, so
heartbroken that
this is what caused his death.
You know, as Shannon just said,
and I'm going to be short here, we didn't know what a PBM
was before all of this.
What we've learned in the last
six to nine months
over everything is there is a
need for change, there's greed, there's manipulation,
there's non-transparency going
on. Something you pay
$66 for with no explanation
is now $538.16.
Let that resonate.
I mean, like, that just doesn't make sense.
And then on top of it, it was a medical
thing needed for my son
who he'd been on for
10, 12 years.
Every day he took this and
a decision was made
you know, I mean, let's just say
that I don't know what to say.
Big PBM
change needs to have. Pharmacy benefit managers
have been overstepping and getting
into the wrong areas and they're getting greedy
and more and more non-transparent.
Their tactics, greed, all need to
stop before someone else dies
and that's all there is to it.
And I do want to just simply say thank you to everybody
who's supporting this and
we will be along the ride
to make sure that
every bill, the best we can do, every
piece of legislation
can happen. And we're not even political
so we're still going to support it all.
Thank you.
First I want to say
just to express my condolences
on Cole's death and
part of the big point of why
we're here today is to prevent that kind of
tragic loss from happening to any other
family in this country.
My name is Nikki Budzinski. I'm
honored to represent working families
in Central and Southern
Illinois in Congress.
When I was elected, voters tasked me
with coming to Washington to help bring
down the everyday costs
that are holding up too many working
families back.
And for many Americans, these costs
include thousands of dollars
spent per month
on life-saving prescription drugs
like insulin
or heart medication
or asthma relief.
This sky-high spending is due
in part to greedy pharmaceutical
benefit managers, PBMs,
which for too long have taken
advantage of hardworking Americans
jacking up drug
prices to line their own
pockets. I'm proud
to champion the bipartisan pharmacists
fight back act to take on
PBMs and to crack down
on the predatory practices
that harm our seniors,
squeeze out community pharmacies,
and rip off American
taxpayers. And I'm grateful
to have one of my constituents, Lauren
Young, here today to share
her first-hand experience with how
PBMs have harmed patients
and community pharmacies
across Central Illinois.
Lauren's family owns
Coley's Corner Drugs
in Decatur
and Dale's Southlake Pharmacy
in Forsyth. Some of the
last surviving community pharmacies
in the areas as PBMs
have pushed the others out
of business. Losing community
pharmacies isn't only bad
for Main Street, it's harmful
for working families,
Americans who rely on access
to their local pharmacies
to fill their prescriptions.
No one should have to choose
between putting food on their table
or, in Cole's case,
paying their rent
or getting the medication that
they need to survive.
But that is the reality for
countless folks in Central and
Southern Illinois and across
this country. Lowering
drug costs is critical
to tackling the ongoing cost
of living crisis, and I'm
proud to stand here today
with a bipartisan group of my
colleagues to support legislation
that will provide transparency
and accountability.
We need to do just
that. Thank you so much,
and I'm going to now introduce my colleague,
Congressman Norman.
Missed my name.
I just want to thank the independent
pharmacies and Diana
and Jake and Nikki
for taking part in this. I tell you,
and I'm from South Carolina,
I represent the 5th District, I've been here since
17. Bipartisanship
is not something that exists
up here. This one
bill demonstrates,
and we need to have, Jake and I were talking,
get 25 Republicans and
25 Democrats. No, we've got to have
how anybody could
not sign on to this bill
means you want to keep high
drug prices where they are. And Bill
and Sharon, I've got a similar story.
I'm a real estate developer. I didn't
know what a PBM was.
I had a lady call me whose
husband drowned
and she called me. Their
daughter was on insulin
and they could not
afford insulin
for their daughter. Now insulin
is not a new drug. Insulin's been
around since the 30s, 80 to 90 years.
So we got involved and
went to the private
independent pharmacies and we got it
affordable to save her
life. And folks,
the PBMs, and I
know who's out here who's
representing the PBM
lobby.
We're coming for you. We're going to expose you.
Try looking. PBMs
are supposed to be the middle manager
to make sure
drugs are dispensed
in a proper way at a proper price.
It's anything but that. Try looking at a
flow chart. You tell me if you can
understand it. So just like Jake
said, we're going to get transparency.
We're going to put this to the people
of this whole country. I sent out
50 letters to private
independent pharmacies to say, look,
I need your help. It's going to take
y'all, get in your
district, and if you're not political,
you will be because this is
a noble cause. We cannot let
this pass. You got three, you got a
dominant market, three of them mainly, as Jake
says, CVS, Caremark,
Express Scripts, and OptumRx.
They manage 95%
of all prescriptions.
95%.
Our bill
will stop that control
and our bill will
put the transparency back into a group
that's making billions of dollars.
Not millions, but billions of dollars.
Hundreds of millions of dollars
in overcharges via
spreading pricing in Medicaid,
managed care, part one.
A large PBM in part D
increased generic drug prices,
get this, generic drug prices
by 51% for
seniors at the
counter despite these generics
deflating over 8% during
the same period. Bottom line
folks, as Diana said,
PBMs don't
prescribe or dispense
drugs. PBMs don't
pay employees. PBMs don't pay
the rent on your buildings as you
operate. PBMs
are basically a middleman that's fleecing the
American public. And what we're
going to do, we're not quitting,
we're going to have more hearings
and get experts like
Diana who is a compounding
in her store
for over 30 years and get others
who can get these PBM
managers in, let them testify
and let them try to explain what's happening.
So I just want to thank all
of my colleagues. This is going to
be a fun fight. This is what we were
sent to Washington D.C. to do.
Good afternoon. I'm Sanford
Bishop. I'm from the 2nd District
of Georgia, which is middle and southwest
Georgia. And I'm
honored to join Representative Austin
Closs, Representative Hartsberger
and others in support of
the Pharmacists Fight Back Act.
I also want to welcome the participants
here from Georgia, especially
Nikki Bryant, the owner of the Adams
Family Pharmacy in Preston, Georgia
and Vic Johnson.
This bipartisan
legislation is long
overdue. Last July's
interim report by the
FTC only confirms
facts that we've known for a
long time, namely
that pharmacy benefit managers are
fleecing independent pharmacists
and consumers to the tune
of billions of dollars
every year. The largest
PBMs today exercise significant
power over what drugs are
available and at what price and
which pharmacies that patients can use
to access their
prescribed medications.
They do so without any
transparency, without any
accountability to the American public.
They act not in the best
interest of their patients.
They act instead
in the best interest of their
profits. It is only right
then that Congress
steps in with common sense legislation
like the Pharmacies Fight Back
Act to right these wrongs
and rein in PBM
abuses. I have visited
independent pharmacies
across my district over the last
several years and I've seen
the spreadsheets and I've seen
the abuses that they have suffered.
We need all
of your efforts here today
to knock on the doors of your members of
Congress and to urge them to
co-sponsor HR
9096.
We also need your help to urge
the committees of jurisdiction
to hold hearings on the issues
and to send this bill to the full
United States House of Representatives
for its consideration
in an expedient
manner. PBM reform
is an issue that
cannot wait. I promise
you that I will do everything
in my power along with my colleagues
to help pharmacists
particularly independent
pharmacists and their customers
to fight back.
Thank you for joining this
fight and God bless us
in this effort.
Once again I appreciate the
leadership of my colleagues on this
effort and we're going to now hear pharmacist
testimonies from around the country
beginning
with Brandi Chain
the president of Davis City Pharmacy
in Texas. Welcome.
Hi my name is
Brandi Chain. I own one of the oldest
pharmacies in the state of Texas.
Our doors opened in
1892. In that time
we've cared for hundreds of thousands of
patients. Our country is facing
an epidemic of pharmacy closures.
My pharmacy is at risk
of closing because of PBM
practices like steering my own
patients to a PBM owned
pharmacy. As a military
spouse my mom utilizes
Tricare for Life for her prescription
benefits. I cannot fill
her prescriptions at my own
store due to the lack of
a sustainable contract with Tricare's
PBM and she's forced to get
her medications at a chain pharmacy.
I've seen first hand
the lack of patient access for a
loved one. Millions of patients
just like my mom will be
impacted by the continued closure
of independent pharmacies without
the passage of HR 9096.
The Pharmacists Fight Back
Act would allow independent pharmacies
to receive a fair reimbursement
rate for the services
provided to patients. Have our
military service members and their
families not given enough to our country?
Is it too much to ask that
community pharmacies receive
necessary reimbursement for our vital
services provided?
The Pharmacists Fight Back Act would not only
make this a reality, it would also
allow me to keep my doors open.
Patient access begins
and ends with open
pharmacies. I urge everyone
watching to contact your
legislators and ask them to co-sponsor
and support the Pharmacists Fight Back
Act. Thank you to representatives
Auchincloss and Harshbarger and
the other legislators who have co-sponsored
this bill for your continued
support of community pharmacies and patients
like mine. Thank you.
Loretta Boesing, founder of Unite
for Safe Medications based in
Missouri. Loretta, welcome.
Thank you. My name is
Loretta Boesing and I am
the executive director of Unite for Safe
Medications. I founded
Unite for Safe Medications after my child's
life was risked by a
malware pharmacy that we were forced to use.
My son is a courageous
transplant survivor who
received a life-saving
organ transplant from a
three-year-old little girl. Prior
he was a healthy two-year-old
until he got the flu and our lives
drastically changed.
Now, forever, his
survival will rely on medications
every 12 hours.
One day we were forced
away from our trusted hospital pharmacy
and forced to use CBS Specialty
Pharmacy and the so-called
benefits of a malware pharmacy were
nothing more than a claim to extract
profits from the sickest of
patients like my son.
PBM's malware pharmacies, they operate
with minimal oversight,
leading to dangerous delays,
interruptions in treatment, and damaged
medications, and most often there's
little to no accountability.
Then I found out that PBM,
such as CBS Caremark, not only
oversee their competitors' reimbursements
but also their own.
I found out CBS Caremark was reimbursing
its own malware pharmacy
many more times than my local
pharmacy, and it was all under the
disguise of a lower copay.
And sadly, my family's
story is not unique.
I started a petition
that now has 220,000
supporters to
stop the forcing of malware
pharmacy. The heartbreaking stories
that I've heard, they're never-ending.
Veterans suffering from
malware pharmacy delays
without their medications needed to
treat the mental and the physical
wounds obtained from fighting
for our nation.
Adult and pediatric
cancer patients facing delays
and interruptions in treatment that
worsen their conditions.
As the same as they sit in the local
pharmacies and the hospital pharmacies,
but the PBMs, they won't cover
them, they mandate to their own
mail order. These stories
are a testament to the human cost
of this flawed system.
Today I stand before you firmly
in support of H.R. 9096.
This bill addresses
the injustices faced by patients
across America.
It's a call to action to end the harmful
practices of mail order pharmacies
and their PBMs, combat
drug price gouging, and
address the crisis of pharmacy
closures. And it will also
protect patients like my son.
Together, let's pass
H.R. 9096
and protect the lives
and well-being of every patient
and community in this country.
Thank you so much.
Now from Georgia, Vic Johnson,
owner of Living Well Pharmacy.
Distinguished members of Congress
and staff, fellow pharmacists, news
media, social media, and all
Americans, good afternoon.
I'm Vic Johnson. I'm a
pharmacist, owner at
Living Well Pharmacy in Augusta, Georgia.
And it is an honor
to be standing here at the capital of the United
States. Many pharmacists
have had to close in our area.
In the mid-80s, we had
24 independent pharmacies
in the Augusta, Georgia
area. We are now down to
four. This has happened
because of the PBM practices.
The reimbursement rates
have gone
terribly, terribly south
as they fill their own pockets
with profits.
But there are even more groups who are
impacted by practices of pharmacy
benefit managers. And it becomes my
focus here today.
The elderly, the disabled,
children, and the poor
of this great country have been
negatively impacted by pharmacy
benefit managers.
Medicare that represents
seniors and disabled persons,
Medicaid, children and the
poor, and even tax
paying citizens have been impacted by the
billions of dollars that are paid
to pharmacy benefit managers and
their stockholders
with very little,
if any, positive impact
on their health.
In fact, most of the groups mentioned here
have had their pharmacy choices
limited to either a particular
drug chain or mail order.
Pharmacists
are the most accessible
healthcare professionals.
And yet this access is being taken
away by pharmacy benefit managers.
Please,
let's stand up for our seniors,
the disabled, the children
and the poor, and the right
to choose your own pharmacist.
Call your congressman
today. Support
House Bill 9096,
the Pharmacists Fight
Back Act. Call
today. Thank you.
The Executive Director
of the Kentucky Pharmacists Association,
Ben Mudd. Ben, welcome.
Good afternoon.
And thank you for being here.
My name is Dr. Ben
Mudd. I'm a pharmacist and the Executive
Director of the Kentucky Pharmacists Association.
I'm speaking
today on behalf of
pharmacists across the great Commonwealth of
Kentucky to express our gratitude
to Congressman
Auchincloss and Congresswoman
Harshbarger for introducing
H.R. 9096,
the Pharmacists Fight Back Act.
More and more,
Americans are arriving at their
local pharmacies only to find
the doors shuttered.
Independent pharmacies are struggling
to remain in business, and
even chain drug stores in Kentucky
are being forced to reduce hours
and cut staffing.
This has led to burnout within
our profession and a decline
in the overall quality of patient care.
As a pharmacist,
I know firsthand the critical
role my colleagues play in
improving the health of our communities.
However,
with enrollment in our colleges of pharmacy
declining and pharmacies
closing at an alarming rate,
I fear we are facing a health
care crisis.
Now is the time for pharmacists to
fight back. To fight
back against the pharmacy middlemen
that have harmed our profession.
To fight back against the narrative
that these PBMs are saving
health care dollars. And to fight
back against these companies that
continue to threaten
patient access to local
pharmacy services.
In Kentucky, we've already seen the
positive impact that PBM reform
can have. We've seen it in
our Medicaid program, through Senate
Bill 50 that was passed in
2020, and in
our commercial marketplace in Senate
Bill 188 that was passed this year.
But these, this
PBM needs to, PBM reform
needs to be expanded upon
in our federal programs.
HR 9096
is essential to ensuring
fair and transparent reimbursement practices
for pharmacies across the country.
It will protect patient
choice, increase access
to pharmacy services, and
strengthen our overall health care system.
I want to commend the efforts
of our Kentucky congressional leaders,
especially my congressman,
Congressman James Comer, for
co-sponsoring this bill, and we
urge swift passage of this
critical legislation. Thank you
all. We'll conclude
by hearing from the owner of the pharmacist
the Adams
Family Pharmacy, excuse me, from Georgia,
Nikki Bryant. Welcome, Nikki.
I was reflecting on
these congressmen and
women who are spearheading
this reform, and I cannot
tell you how grateful
I am to them.
Because this is
something that you do because it's
the right thing. And it gives me
a great sense of pride
and
a disresolve that we have people
in Washington that are
advocating for us because it's
the right thing to do. And I really
commend you and thank you for that.
There's a girl who lives
in a rural southwest Georgia town
eight miles west of President
Jimmy Carter. Ten
years ago, she became
a third-generation small business owner
when she converted two
parking spots in her father's grocery
store and opened a
pharmacy in that town for the first time
in 60 years.
She quickly realized that her
patients needed access to medical
care as well, so she
opened a doctor's office, and now it's a
federal rural health clinic in her town.
Thirty miles south in
Cuthbert, Georgia, the only pharmacy
open there was a CVS, and patients were
not being cared for properly, so
why not? She opened a
second pharmacy there.
Reimbursements have continued to
decline, and she had to
find a way to keep her pharmacies open.
So she started to bake.
She bakes cakes,
she bakes cookies, she bakes
homemade biscuits, she pulls espresso
shots, she dips ice cream,
she makes milkshakes,
all to keep her pharmacies open.
Now she and her
family have the only pharmacy,
grocery store, and
doctor's office in Webster County.
And as of August 1st,
when CVS closed in Cuthbert,
she now has the only pharmacy in that
town as well. Between
both of her pharmacies,
she now has patients in
12 southwest Georgia
counties through delivery
to the most vulnerable,
remote parts of our
state. If anyone can
guess, I'm that girl.
It's me.
And looking from the outside in, my
friends would seem like I'm living the
American Dream. I heard
that on Prime TV last week.
Living the American
Dream. And it would seem that I would be.
But I can tell you,
this is a literal nightmare
for me. To carry the burden
financially,
the stress, all
of the care for so many
people without the resources to
do that. Because PBMs
are allowed to set my reimbursement
rates. I made more
money on a regular
cup of drip coffee
than on 40%
of the prescriptions I filled in
2024. 40%.
All the while,
CEOs of PBMs
are making $40
per minute,
24 hours a day.
Even while they sleep.
Over 200,
2200
pharmacies in the U.S. have closed this
year. That includes
independent pharmacies, grocery store
pharmacies, and chain pharmacies.
And they will continue to
grow unless this legislation
is not passed
and quickly.
There is a rate of 9 independent
pharmacies closing every day in the
United States. My patients
deserve better. They deserve
more.
And I will continue to fight for them
and to the access to
care in rural America. Because
the people standing here know
that rural America is
the heartbeat of this country.
You know, Georgia,
if you don't live in Atlanta, you live in
a rural community. So,
Congressman Bishop knows
very well how rural
Georgia is the heartbeat
of our state.
I just hope and pray that
once we get this all taken care of
that mail order won't be the
only option for any of us to
fill a prescription. What would we do if that
were the case?
I thank you. I commend you.
I can't tell you how grateful I am
for everything that you're doing.
Again, I'm
grateful for the support and leadership of my colleagues
and most of all for the time,
the effort, the passion, the expertise
that the pharmacists are bringing
to this cause. I know that it's not
easy to take time off from the small business
and to come
up here to Washington and have someone else
tend shop. So it shows
the level of determination
and it shows the unity that we're going to bring to this effort.
We're all fighting back together.
Happy to take any questions alongside my colleague
Congresswoman Harshbarger if folks
have any. Yeah, I would say
right off the bat, this is the most muscular
federal PBM reform legislation
yet introduced. And it's bipartisan
and it goes
I think directly at the most egregious
abuses by PBMs. It
prevents them from excluding from their network
community pharmacists. It prevents them
from engaging
in steering. It prevents them
from the
clawback fees that are so oftentimes
the catalyst for bankruptcy.
And it also
really creates a
transparent market with a fair
dispensing fee by
making NADAC reporting compulsory
and making it comprehensive.
Plus you have transparency
on the rebate program with this
bill. And the simpler legislation
is, the easier
it is to talk to other members.
And it's my job, just like you
know and you know, our
job is to be able to tell other members
on a 6th grade level what we've got in this
legislation. Because you want
to make it simple addition or
subtraction, not a calculus
problem. The PBMs
make it a calculus problem.
To where you don't understand.
And all they say is, let me have my
doctor and my medicine, la la la, about
all these other things. The prior approval
or you know, anything
else. But you talked about the legislation
the lower cost and more
transparency act. We think
we're going to have another slate of bills
coming through that will have PBM
legislation in it. That
we will pass out of the House.
I know it's coming out of Energy and Commerce.
We'll have those I think next week
Peter or when we come back in November.
We'll be passing those.
And the Senate is engaged.
Don't think it's just the House that's
engaged on both sides. It's the Senate.
They come to the doctor's caucus
which I'm also a member of.
And when those,
you have Senator Bernie Sanders, you have Roger
Marshall, you'll have Senator Cassidy.
All those gentlemen understand we
have to do something. So
we're going to work in a bipartisan effort
if every member
and this is how you can
you all wanted us to get
25 and 25. Every
representative in the House
has an independent pharmacy in
their district. Probably in every
county. Unless it's Georgia.
Southwest Georgia. And I'm telling
you if they don't sign on it's their loss.
Because this is
important. I didn't come up here on the Hill to
waste my time. That's why this
has been pushed and I have been hard and
heavy when I've come up here for the last 25
years to talk to my congressmen, my senators
about my profession
and the over burdensome crushing
regulation that prevents me
from doing my job when
I'm the closest thing to a
healthcare provider that most patients have.
We have pharmacy deserts.
We have nobody to care
for them. You don't have to have an appointment to come
and see us, do you?
Most people are five minutes
from us and we triage
them and send them in the best way.
Listen, when they try to take that
away from us, just
like some of the
stories you heard, there's going to be
lives lost because mail order doesn't always
get there on time. And prior
approval are not going to always be
approved in time. So
yes I do because I'm not going to stop
pushing this legislation.
So something's going to pass and the
FTC has my phone number
and when Chair Cohen calls me
I'm like, yes ma'am, how can I help you?
And that's what we're doing on both
sides, on the House and the Senate and it's
bipartisan, right? That's right. This is
not a partisan
issue. It's not a local
issue. It's an issue all across
the country. You've heard here today
that this affects people in every
area of this country.
It's not a Democrat problem.
It's not a Republican problem. It's an
American problem and we are working
together to make sure we have an
American solution to it.
It will pass. This
is something that is felt by every
single member of the House and
the Senate and by
God, we're going to get it done.
It's my kind of man.
Yes ma'am.
...
Yeah, I think we're going to
I'll speak for myself, certainly going to push
in December
there's going to be negotiations
around telehealth and around community health center
funding and I think it's imperative that PBM
reform be included in that and that it not
just be sort of a lowest
common denominator transparency
piece of legislation. It needs to be muscular
with
kind of the pharmacist fight back tenets
included in it. Yeah, exactly.
And, you know, like I say, we've already
passed a lot of PBM legislation. It's
going to be a lot of work. We're going to work
our Senate colleagues, too, to say, listen,
we need to do something now. We have
all those closures. Why don't you say
nine a day, one a day, nine a day? It doesn't matter.
They're closing because they have no hope.
If you can't feed your family, you're
going to go on to greener pastures. You're going to
go to work for CVS or the
hospital system or
some other entities. So we don't want
that. We want to be there to take...
I've done this for 37 years
at a local level and that's why I brought
the fight to the federal level.
And, yes, I think we'll get some things
passed. We've got to work with the Senate
in order to do that.
Where there's a will,
there is a way.
If there's a will in Congress
and the House and the Senate to get it done,
the rules allow for it to be
done. But that will has to be
developed by the grassroots of the
people here. You've got to contact
your members and those members
have to contact our leadership
to make sure that we find
one of the ways, and there are numerous
ways that this bill can be brought and
can be passed within
this Congress. But
there has to be a will to get
it done. I believe there is a will
and if we do what we need to do
in terms of informing our colleagues
and having
you to put fire up under
each and every member of the House and the
Senate, it'll happen.
I just want to tell you one
other thing. I'm a capitalist
at heart and we're not trying to kill the PBMs.
I just want to mortally wound them
until they straighten up.
That's all I'm saying. If you can
bring transparency to this,
we can all get along.
But it's when you don't tell us what you're
doing and you hide the billions and those
patients don't get to rebate, the pharmacies
are not compensated fairly
and I would even go as far to say
the physician
reimbursement, we're working on that.
If you don't think we have a one-payer
system in this country, think again.
And I won't go into that right now.
All you have to do is look at United.
Thank you for your
attention and time on this
critical issue and as you can see, there is
durable and bipartisan support
and grassroots support for pharmacists
to fight back. Thank you.
Thank you so much.
Thank you.
Thank you so much.
Thank you.
I thank you.
It's so fantastic.
You woke me up to the issue.
Thank you.
Have your same problem.
We both hope...
we both hope that that'll
succeed.
