03/18/2026
Reforming PBM business practices is a regulatory and ethical imperative.
At AAM, we are thankful Congress has recently taken concrete steps to curtail PBM business practices. But MORE needs to be done to realize substantial savings for America's patients.
Prescription medicine pricing and reimbursement processes must be governed by transparency and accountability--and allow for healthy competition. In many cases, this means prioritizing the lower-cost generic & biosimilar medicines that make up 90% of all prescriptions filled in the U.S.
PBMs were established to manage the high costs of prescriptions, but their current opaque practices often dismiss the value of generic & biosimilar medicines, favoring higher-priced brand drugs and increasing costs at the pharmacy counter.
Learn more:https://accessiblemeds.org/wp-content/uploads/2026/02/AAM-Issue-Brief-Reforming-PBMs-to-Unlock-Savings.pdf