Rep. Nick Langworthy, R-N.Y. Credit: House
U.S. House Rep. Nick Langworthy suggested Tuesday at a House Oversight Committee hearing that pharmacy benefit managers should be health plan fiduciaries.
"Employers, unions and even state governments that sponsor self-insured health plans for their workers are considered fiduciaries," Langworthy told three top PBM executives who appeared as witnesses. "Under federal law, they must make decisions that keep health plan costs low and that are in the best interests of patients."
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
