PBM Legislation Again Dominates Lobbying Expenditures in 2024

Spending on healthcare lobbying has ticked up in 2024, with companies and associations in the healthcare sector again spending hundreds of millions and again putting the greatest attention on bills that involve pharmacy benefit managers. According to federal data compiled by OpenSecrets and analyzed by Modern Healthcare, lobbyist spending for the first three quarters of 2024 hit $562 million, up from $553 million in the same period last year. Not only has spending this year been similar to last, the bills that attracted the most lobbying have been as well — nearly all involving PBMs, which where 2023’s top target.

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Source: https://www.modernhealthcare.com/politics-policy/healthcare-lobbying-pbm-bills-phrma-2024

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