Senate Moves To Ban Pharmacy ‘Gag Clauses’ - FbiCables Network | The News that Shapes World Opinion

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Thursday, July 26, 2018

Senate Moves To Ban Pharmacy ‘Gag Clauses’

A Senate committee recently passed a bill allowing pharmacists to inform customers of cheaper prescription options.
The new legislation bans the so-called ‘gag clauses’ on contracts between pharmacies and insurers.
Such provisions prevent pharmacists from telling customers their prescription is cheaper if paid for with cash instead of using insurance.
(AP Photo/Rick Bowmer)
The Senate bill is sponsored by Republican Senator Susan Collins and is aimed at bringing down health care costs.
Collins said the ‘gag clauses’ allowed insurers to increase their revenues by withholding information from customers.
“I’ve seen these huge increases in the price, so who’s getting the money, where is the money going?” she asked. “It’s the classic follow the money — it really is — and we do need more disclosure of prices.”
Senator Collins also stressed American consumers have the right to know which payment method allows to save more money on their prescriptions.

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