This is the ONE step in this seven-step blog that requires a long-term solution.
You may have heard that between 2010 and 2020, DIR fees charged by PBMs increased by a ridiculous 107,400 percent. And while Medicare Part D DIR fees will no longer be retroactive in 2024, there is still work to be done. This runaway train needs to be stopped but we can’t do it alone. This initiative requires strength in numbers.
Join groups like NCPA or your state pharmacy association to fight the good fight.
IPC is also committed to driving reform of PBM practices and DIR fees on your behalf. Our Government Relations team has been fighting for independent pharmacy for decades, and in the past two years, it has actively supported enacted PBM/DIR legislation in Montana, New York, Ohio, North Dakota, Florida, Texas, and Wisconsin.
In addition, IPC has worked closely with the Senate HELP and Finance Committees along with the House Energy & Commerce Committee to bring real PBM/DIR reform in 2023. IPC has also had several meetings with CMS on the topic of fair reimbursement and standardized performance criteria.
These are great wins, but more are needed.
Take 15 minutes to connect with our team here or visit the IPC Legislative Action Center to contact your legislator directly.