12/11/2024
Across the country, pharmacies are closing at an alarming rate—one every single day. This troubling trend reflects systemic issues within the healthcare system, particularly the unchecked practices of Pharmacy Benefit Managers (PBMs). These middlemen, originally created to streamline medication access and reduce costs, have instead contributed to rising healthcare expenses and limited access to vital services for our most vulnerable populations, especially our elderly patients.
For millions of seniors, local pharmacies are more than just a place to pick up prescriptions—they are lifelines. Many elderly individuals rely on personalized care, medication counseling, and the accessibility of community pharmacies to manage chronic conditions and maintain their quality of life. However, PBM practices, such as unfair reimbursements and clawbacks, are forcing pharmacies to operate at unsustainable margins, leading to closures that disproportionately impact underserved and rural areas.
Senator James Lankford is courageously leading the charge in Washington, D.C., advocating for reforms that would bring transparency and accountability to PBMs. His efforts aim to ensure that pharmacies remain viable, thereby protecting the health and well-being of elderly Americans who deserve better care and uninterrupted access to medications. This is not just a fight for the survival of pharmacies—it is a fight for healthcare equity.
Without PBM reform, the closures will continue, further isolating seniors who depend on local pharmacies for their care. We must stand with Senator Lankford and other advocates to support legislation that prioritizes patients over profits. Our elderly population deserves a healthcare system that works for them, not against them.
Together, we can ensure that our seniors receive the care they need and deserve. Reforming PBM practices is not just a policy issue; it is a moral imperative.