Warren and Hawley join forces for bill that would force health insurers to sell off pharmacies

Published December 11, 2024 12:49pm ET



A bipartisan Senate duo is introducing legislation to make pharmacy-benefit managers, the middlemen of drug pricing, divest their pharmacy businesses within three years.

Sens. Elizabeth Warren (D-MA) and Josh Hawley (R-MO) are co-sponsoring the bill, acting on years of scrutiny from the Federal Trade Commission and Congress toward companies who own health insurers, or pharmacy-benefit managers, known as PBMs.

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