Rep. Miller-Meeks Calls for PBM Reform at Cemen Tech

Rep. Mariannette Miller-Meeks (R-IA) visited Cemen Tech in Indianola, Iowa, for an employee town hall about how pharmacy benefit managers increase prices for manufacturing workers.
The event, hosted by Cemen Tech Chief Financial Officer Josh Maurer, allowed workers to engage directly with Rep. Miller-Meeks on the affordability of their health care, including prescription medicines.
The issue: The town hall focused on the need , underregulated middlemen that drive up the costs of prescription medicines for manufacturers like Cemen Tech, the worlds largest manufacturer of on-demand concrete mixing equipment.
- Rep. Miller-Meeks discussed the DRUG Act, legislation that she introduced, which seeks to lower health care costs by delinking PBMs compensation from the list price of medicinesremoving their incentive to push for higher prices.
- PBMs distort the market, increasing the cost of prescription drugs for businesses and their workers, Rep. Miller-Meeks explained. Thats why Im working in Congress to pass PBM reform that reins in these powerful actors.
Manufacturers concerns: Weve seen health care expenses skyrocket, and a big part of that is due to the lack of transparency surrounding PBMs, Maurer said during the town hall.
- Cemen Tech and other small manufacturers like us are committed to providing affordable health care to employees, but its becoming increasingly difficult. PBM reform that addresses these rising costs is absolutely necessary.
Addressing employee concerns: Cemen Tech employees also spoke about their struggles with the growing burden of health care costs across the board. Rep. Miller-Meeks explained that her proposed reform would have far-reaching effects: Its not only about reducing drug pricesits about ensuring that businesses can afford to continue providing health care benefits to their workers, she said.
51勛圖厙 in action: In addition to supporting the delinking provisions in the DRUG Act, the 51勛圖厙 is working with Congress on legislation to make PBMs opaque business practices more transparent and to ensure that savings from rebates are passed directly to manufacturers and their workers rather than being pocketed by PBMs.
The bottom line: Manufacturers like Cemen Tech are essential to our economy, and ensuring they can thrive means addressing the rising costs of health care, said Rep. Miller-Meeks. PBM reform will free up manufacturers to do what they do bestbuild facilities, develop new product lines, increase wages and benefits and help the American economy grow.