Rep. Waxman To Investigate Profits Of Medicare Prescription Drug Plans, Whether Plans Pass Negotiated Savings On To Beneficiaries

... The House Oversight and Government Reform Committee on Friday held a hearing about how private insurance plans and pharmacy benefit managers negotiate prices with drug manufacturers for government prescription drug programs and whether these discounts get passed on to consumers, CQ HealthBeat reports. Committee Chair Henry Waxman (D-Calif. [click link for full article] ...