Lawmakers asked the Centers for Medicare and Medicaid Services (CMS) for information on Medicare prescription drug discounts obtained by pharmacy benefit managers, and CMS Administrator Leslie Norwalk refused, contending that the release of such information would undermine the negotiation process. (Kaiser Network)
“Several independent entities, including the Congressional Budget Office and the Federal Trade Commission, have concluded that public disclosure of negotiated price concessions will reduce the ability of pharmacy benefit managers and plans to negotiate significant discounts,” Norwalk wrote.
You may download a PDF copy of the six-page Congressional Budget Office report here.