Madison, WI - Today, Senate President Mary Felzkowski (R-Tomahawk) and Representative Todd Novak (R-Dodgeville) introduced Cole’s Act: legislation to reform pharmacy benefit managers (PBMs). PBMs engage in predatory practices to line their own pockets at the expense of independent pharmacies and patients.
In theory, PBMs are middlemen hired by insurance companies to manage and negotiate bette...
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