{"id":2096273,"date":"2023-11-10T12:02:02","date_gmt":"2023-11-10T17:02:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/conservative-watchdog-unleashes-ads-against-bernie-sanders-led-push-to-crack-down-on-pbms\/"},"modified":"2023-11-10T12:04:13","modified_gmt":"2023-11-10T17:04:13","slug":"conservative-watchdog-unleashes-ads-against-bernie-sanders-led-push-to-crack-down-on-pbms","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/conservative-watchdog-unleashes-ads-against-bernie-sanders-led-push-to-crack-down-on-pbms\/","title":{"rendered":"Conservative watchdog unleashes ads against Bernie Sanders-led push to crack down on PBMs"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fconservative-watchdog-unleashes-ads-against-bernie-sanders-led-push-to-crack-down-on-pbms%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2096273&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Conservative Groups Push Back Against Efforts to Regulate Pharmacy Benefit \u2064Managers<\/h2>\n<p>Outside conservative groups are taking a stand against a congressional effort to crack down on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/thanksgiving-table-setter-a-guide-to-the-behemoth-build-back-better-act\/\" title=\"Thanksgiving Table Setter: A Guide to the Behemoth Build Back Better Act\">pharmacy benefit managers<\/a> (PBMs) as a solution to the rising cost of prescription drugs. The Council for Citizens Against Government Waste \u2064(CCAGW) has launched a TV ad campaign targeting lawmakers like Sen. Bernie Sanders, arguing \u200cthat regulating PBMs would lead to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-anticipates-lower-vaccine-costs-for-seniors\/\" title=\"Biden Admin Anticipates Lower Vaccine Costs for Seniors\">higher drug prices<\/a> and a step closer to government control\u2062 of healthcare.<\/p>\n<blockquote>\n<h3>\u201cBernie Sanders has a radical \u2063plan: government control of your pharmacy benefits.\u200d So why are some Republicans following\u2063 Bernie?\u201d<\/h3>\n<p>The narrator in the \u2062ad questions, urging viewers to oppose Sanders&#8217; proposal. \u2064The ad claims that the bill would limit drug choices, increase\u2063 costs, and ultimately give \u2063the government control \u200bover healthcare decisions.<\/p>\n<\/blockquote>\n<p>The specific target of the ad is Sanders&#8217;s\u200c Pharmacy Benefit Manager Reform Act, which aims to increase oversight of PBM services. The bill requires PBM companies to disclose information about sales and billing to \u2063the plan&#8217;s sponsor, promoting\u2063 transparency \u200bin\u2064 the\u2062 industry. Sanders and Sen. Bill Cassidy have praised the legislation as a \u200dway to lower generic drug prices and increase transparency from health insurance providers.<\/p>\n<p>Despite bipartisan support for the bill, conservative groups like CCAGW criticize the legislation, claiming it is influenced by Democrats and \u2063a step towards socialized\u2062 medicine. CCAGW\u200c plans to\u200d extend \u2064their attacks to other anti-PBM-related legislation in Congress.<\/p>\n<blockquote>\n<h3>\u201cThat would be a much longer ad,\u201d<\/h3>\n<p>CCAGW President Tom Schatz acknowledges, \u2064emphasizing their opposition to interference\u200c in private contracts and urging Republican senators not to \u2063support Sanders&#8217;s proposals.<\/p>\n<\/blockquote>\n<p>Democrats argue that regulating \u200cPBMs would\u200c lower out-of-pocket medication costs\u2064 for seniors and increase access to affordable generic drugs. However, \u200dCCAGW argues that PBMs play a crucial role in negotiating prices\u200c and that their\u2064 use \u2062is misunderstood by lawmakers.<\/p>\n<p>While some Republicans support the anti-PBM legislation, \u200cclaiming it would lower healthcare\u200d costs, CCAGW&#8217;s ad\u2062 campaign aims to highlight the value of \u2064PBMs and the \u200chealthcare ecosystem.<\/p>\n<p>The CCAGW ad campaign, running nationally in several states, is the second wave of ads targeting PBMs. The group plans to expand the campaign as it \u200dprogresses, with the second\u2064 round costing several \u2063million dollars.<\/p>\n<p> <\/p>\n<h2> How do proponents of regulating PBMs believe that \u200cthese intermediaries contribute to the high cost of prescription drugs, and what solutions do they\u200c propose to address\u200d this issue<\/h2>\n<p><span>  Ur healthcare,\u201d the ad begins, with ominous music in the background. As images of Sanders \u2062and healthcare protests flash\u2063 across the screen, the \u2062narrator continues, \u201cOne part of his plan \u2063is to \u200c<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/conservative-watchdog-unleashes-ads-against-bernie-sanders-led-push-to-crack-down-on-pbms\/\" title=\"Conservative watchdog unleashes ads against Bernie Sanders-led push to crack down on PBMs\">regulate\u2062 pharmacy benefit managers<\/a>, or PBMs. But experts say that would only <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/uc-berkeley-spends-25-million-a-year-on-diversity-and-inclusion\/\" title=\"UC Berkeley Spends  Million A Year On \u2018Diversity And Inclusion\u2019\">make things worse<\/a>.\u201d<\/p>\n<\/blockquote>\n<p>The \u200bCCAGW\u2062 is\u2062 not alone in their stance. \u2063Other conservative groups, such\u200b as Americans for\u200d Prosperity and the \u200dHeritage Foundation, have also \u2064voiced their opposition to efforts to regulate \u200dPBMs. They argue that government intervention in \u200bthe healthcare\u2062 industry will lead to \u200dinefficiencies, decreased competition, and ultimately higher\u200b costs\u2064 for consumers.<\/p>\n<p>Pharmacy \u2062benefit managers play \u200ca significant role \u2064in the prescription drug market. They act \u2063as intermediaries between insurance companies, pharmacies, and pharmaceutical manufacturers. Their main function is to negotiate prices and discounts with drug manufacturers on \u200dbehalf of insurers. PBMs also determine which\u2063 prescription drugs are covered by insurance\u200b plans and set \u2063the co-payment amounts that patients must pay.<\/p>\n<p>Proponents of regulating PBMs argue\u2064 that these middlemen contribute to the high cost of prescription drugs. They claim that PBMs, \u2064through \u200btheir complex \u2062rebate system, incentivize higher list prices for drugs, leading to increased costs for patients. \u200cAdditionally, critics argue that PBMs often\u200c prioritize their own profits over the best\u2063 interests \u200bof patients.<\/p>\n<p>However, conservative groups maintain that regulating PBMs would not address the root causes of rising drug\u200c prices. They believe \u200cthat\u2063 instead \u200cof targeting PBMs,\u2062 efforts should focus on promoting competition within the pharmaceutical industry, encouraging \u2063price transparency, and expediting the approval \u2064process for generic drugs.<\/p>\n<p>The debate over regulating PBMs is\u2064 not \u2062a new one. Lawmakers on both sides\u200d of the aisle have expressed concerns about the role and practices of these intermediaries. However,\u2064 the recent push from conservative groups against regulation could shape the direction of future \u200dlegislative efforts.<\/p>\n<p>While efforts to regulate\u200c PBMs may be well-intentioned, it is crucial to carefully consider \u2062the potential consequences. As with \u2064any government \u200cintervention, unintended negative consequences\u2063 may arise. Balancing \u200cthe need for affordable prescription drugs with \u2062the necessity of a free and competitive \u2064market is a challenging task.<\/p>\n<p>Ultimately, finding\u200c a solution to \u200bthe rising\u200b cost of \u200dprescription \u200bdrugs will\u200b require a \u200dcomprehensive \u200bapproach, involving all stakeholders in the\u200c healthcare industry. It is essential\u2064 to consider the input and concerns of all parties involved, including conservative groups, in\u200d order to \u2064develop effective and sustainable solutions. Only through careful and \u2063informed decision-making can we hope to tackle the \u2062complex issue of rising drug prices and ensure access to affordable \u2064healthcare for all\u200d Americans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EXCLUSIVE \u2014 Outside conservative groups are pushing Republican lawmakers to reject an effort in Congress to crack down on pharmacy benefit managers as a way to address the rising cost of prescription drugs. The Council for Citizens Against Government Waste unleashed its latest TV ad campaign against efforts by lawmakers such as Sen. Bernie Sanders<\/p>\n","protected":false},"author":1,"featured_media":2096274,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2096273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2096273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2096273"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2096273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2096274"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2096273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2096273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2096273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}