A bipartisan pharmacy benefit manager reform bill was approved in a Senate committee last week and sent to the full Senate.

"This bipartisan bill would not only put a stop to deceptive and opaque pricing schemes that burden consumers with higher prices, it also saves taxpayers $740 million," said Sen. Charles Grassley, R-Iowa, who introduced the legislation with Sen. Maria Cantwell, D-Wash. "It's a win-win and warrants swift approval in Congress."

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