James Comer gives major pharmacy benefit managers hard deadline to change 'materially false' statements

The U.S. Capitol (Credit: Harold Mendoza/Unsplash.)

House Oversight Committee Chair James Comer has given a hard deadline to the CEOs of three large Pharmacy Benefit Managers (PBMs) to clarify certain remarks made during a recent hearing.

Concretely, comer was referring to statements made by the CEOs of CVS Caremark, Express Scripts, and Optum Rx, who said that they don't steer patients to PBM-owned pharmacies.

"The executives also made claims contradicting the Committee's and FTC's findings regarding contract negotiations, contract opt outs, and payments to pharmacies," added the Republican-led committee in a publication on X, reminding them that making false statements under oath can lead to fines and time in prison.

🚨 Chairman Comer Calls on PBM Executives to Correct Hearing Testimony

House Committee on Oversight and Accountability Chairman James Comer is calling on the CEOs of three major Pharmacy Benefit Managers (PBMs)—CVS Caremark, Express Scripts, and Optum Rx—to correct the record… pic.twitter.com/JiZaFim4Jc

— Oversight Committee (@GOPoversight) August 28, 2024

The documents transcribe conversation that took place during the hearing and recall their answers and gives the CEOs until September 11 to correct their answers.

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