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Pennsylvania Governor Josh Shapiro signed bipartisan House Bill (HB) 1993 into law, providing stronger protections for patients in Pennsylvania and increased regulatory oversight of pharmacy benefit managers (PBMs).

PBMs are the hidden “middlemen” of the pharmaceutical supply chain. They negotiate the price of prescription drugs between health insurance companies and drug manufacturers, set compensation formulas for pharmacy payments, and determine patient co-payments.

We need the leaders of New York to follow his lead and provide protection for New Yorkers.

Q

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