Senate panel asks CVS and four other pharmacy middlemen to testify about drug prices

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Senate panel asks CVS and four other pharmacy middlemen to testify about drug prices
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Senate Finance Committee Chairman Chuck Grassley, R-Iowa., and Ron Wyden, D-Ore., the committee's ranking member, asked Cigna, CVS, Humana, OptumRx and Prime Therapeutics to testify on Capitol Hill on April 3.

The Senate Finance Committee said Tuesday it invited five major pharmacy benefit managers to testify before Congress about high prescription drug costs in the U.S.

"Middlemen in the health care industry owe patients and taxpayers an explanation of their role. There's far too much bureaucracy and too little transparency getting in the way of affordable, quality health care," Grassley and Wyden said in a joint statement Tuesday."We've heard from pharmaceutical companies and it's only fair that the committee has the opportunity to ask questions of other players in the health care supply chain.

The April hearing would mark the committee's third on drug prices this year. Late last month, the committee heard from executives of AbbVie, AstraZeneca, Bristol-Myers Squibb, Johnson & Johnson, Merck, Pfizer and Sanofi.

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