Bradley J. Arthur, RPh, National Community Pharmacists Association president and co-owner of BlackRock Pharmacy and Brighton-Eggert Pharmacy in Buffalo, NY, testified today before a hearing of the House Judiciary Committee Subcommittee on Regulatory Reform, Commercial and Antitrust Law.
ALEXANDRIA, Va. (Nov. 17, 2015) —
Bradley J. Arthur, RPh, National Community Pharmacist Association
(NCPA) president and co-owner of BlackRock Pharmacy
and Brighton-Eggert Pharmacy
in Buffalo, NY, testified
today before a hearing of the
House Judiciary Committee
Subcommittee on Regulatory Reform, Commercial and Antitrust Law
. He described seven different areas where the power of pharmacy benefit management (PBM) corporations has an undue influence on patients, health plan sponsors and pharmacies — which will only grow with the proliferation of mergers.
“On a more personal level, small community pharmacies like mine are faced on a daily basis with the impact of PBMs’ disproportionate market power,” said Arthur. “I can tell you that as a small business owner and health care provider, the current situation and overall business climate that exists in which market power is increasingly concentrated in an ever-shrinking number of corporations — makes me apprehensive about what is around the bend.”
Arthur’s testimony focused on how the largely unregulated PBM corporations are allowed to dominate the pharmacy landscape and included the following points:
Arthur concluded his testimony by saying, “I urge you to support H.R. 244
, a bipartisan bill that would require the same timely updates to MAC pricing lists in the Federal Health Benefit Program and the military’s TRICARE program that will be required in Medicare Part D in 2016. In addition, I urge you to support h.r. 793,
a bipartisan bill that would allow any pharmacy located in a health care shortage or medically underserved area to participate in any preferred pharmacy network if they are willing to meet comparable terms and conditions.”
The National Community Pharmacists Association (NCPA®) represents the interests of America's community pharmacists, including the owners of more than 22,000 independent community pharmacies. Together they represent an $81.4 billion health care marketplace and employ more than 314,000 individuals on a full or part-time basis. To learn more, go to www.ncpanet.org, visit facebook.com/commpharmacy, or follow NCPA on Twitter @Commpharmacy.