2017-12-14 CSRO Presents on PBMs
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CSRO Presents on PBMs at the Board of Hispanic Caucus Chairs Conference
Posted: December 14, 2017
CSRO Vice President, Dr. Madelaine Feldman recently presented on Pharmacy Benefit Managers and utilization management tools at the Board of Hispanic Caucus Chairs meeting in Las Vegas, Nevada. The meeting brought together Hispanic state legislators and leaders from across the country to discuss shared legislative priorities and issues as state legislatures head into their 2018 sessions.
Dr. Feldman delivered a presentation to the audience focusing on how the PBM driven rebate system inflates the cost of prescription drugs, and enables the use of utilization management tools such as step edits and non-medical formulary switching that are deleterious to patients’ health.
Her presentation was extremely well received, and helped raise awareness about utilization management tools and the pharmacy benefit management industry. Several members expressed shock at these practices, and were interested in pursuing legislation addressing the issues in 2018.
Pictured right is Dr. Feldman with Julie Kothcheva, the Deputy Director of Health and Human Services in Nevada. Deputy Director Kothcheva is a firm supporter of transparency in the pharmaceutical supply chain.