NEW YORK — Hundreds of pharmacists dressed in white lab coats, together with patients and elected officials rallied at the State Capitol in Albany to support new proposed regulations on prescription drug middlemen known as PBMs. The legislation (A9902/ S7828), if enacted in the upcoming New York State Budget, will ensure critical protections for patients, taxpayers and community pharmacies.
The calls to regulate prescription drug middlemen persist as PBMs continue to draw scrutiny for rigging drug prices, eliminating patient choice, ripping off taxpayers and destroying community pharmacies.
“New Yorkers can’t wait,” said Steve Moore, president of the Pharmacists Society of the State of New York (PSSNY). “Enacting the proposed legislation (A9902/ S7828) as part of the New York State Budget is the most expeditious way to ensure critical protections for patients, taxpayers and pharmacies, and to end the indefensible abuse by prescription drug middlemen.” Read more