{"id":9199,"date":"2024-02-15T15:40:58","date_gmt":"2024-02-15T16:40:58","guid":{"rendered":"https:\/\/wifamily.news\/?p=9199"},"modified":"2024-02-26T17:36:45","modified_gmt":"2024-02-26T17:36:45","slug":"wmc-testifies-on-pharmacy-benefit-manager-legislation","status":"publish","type":"post","link":"https:\/\/wifamily.news\/?p=9199","title":{"rendered":"WMC Testifies on Pharmacy Benefit Manager Legislation"},"content":{"rendered":"<p>This post originally appeared at <a href=\"https:\/\/www.wmc.org\/issues\/wmc-testifies-on-pharmacy-benefit-manager-legislation\/\">https:\/\/www.wmc.org\/issues\/wmc-testifies-on-pharmacy-benefit-manager-legislation\/<\/a><\/p>\n<p>WMC\u2019s Rachel Ver Velde testified on legislation regarding pharmacy benefit managers (PBMs), sharing concerns about a few key provisions in AB 773.<\/p>\n<p>The high cost of health care has consistently been a top concern of Wisconsin employers. Wisconsin\u2019s healthcare costs are higher than the national average. A large driver of increased health care costs are prescription drugs, particularly for employers. Prescription drugs account for 16.1% of fully insured private health plan premiums after rebates.<\/p>\n<p>AB 773 would increase government regulations on PBMs and restrict their ability to work in the marketplace, increasing costs for employers.<\/p>\n<p><span style=\"text-decoration: underline\"><a href=\"https:\/\/view.officeapps.live.com\/op\/view.aspx?src=https%3A%2F%2Fmedia.wmc.org%2Fwp-content%2Fuploads%2F2024%2F02%2F16105042%2FWMC-MMAC-Memo-on-AB-773.docx&amp;wdOrigin=BROWSELINK\" target=\"_blank\" rel=\"noopener\">Click here to read WMC\u2019s testimony.\u00a0<\/a><\/span><\/p>\n<p>The post <a href=\"https:\/\/www.wmc.org\/issues\/wmc-testifies-on-pharmacy-benefit-manager-legislation\/\">WMC Testifies on Pharmacy Benefit Manager Legislation<\/a> appeared first on <a href=\"https:\/\/www.wmc.org\">WMC Wisconsin&#8217;s Chamber <\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This post originally appeared at https:\/\/www.wmc.org\/issues\/wmc-testifies-on-pharmacy-benefit-manager-legislation\/ WMC\u2019s Rachel Ver Velde testified on legislation regarding pharmacy&#8230;<\/p>\n","protected":false},"author":13,"featured_media":440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-9199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wmc"],"_links":{"self":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/9199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9199"}],"version-history":[{"count":1,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/9199\/revisions"}],"predecessor-version":[{"id":9200,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/9199\/revisions\/9200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/media\/440"}],"wp:attachment":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}