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Bill Aims to Curb Rising Prescription Drug Costs of Federal Employees Health Plan
GovExec.com
Mar. 24, 2013
"Rep. Stephen Lynch, D-Mass., has proposed a bill to ... [cap] prescription drug prices paid by the [Federal Employees Health Benefits Program (FEHBP)] and [provide] stronger guidance for negotiators. Currently, individual health plans contract with pharmacy benefit managers, who negotiate with drug manufacturers and pharmacies on behalf of their enrollees. Lynch said FEHBP participants are paying 15 percent to 45 percent more for their prescription drugs than participants in other federal programs, including the Veterans Affairs Department's, and Medicare and Medicaid."
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