Biden Signs Anti-Shutdown Bill With Some Medicare Funding Provisions
The federal government was set to begin shutting down at midnight Friday. The Relief Act gives the government funding to stay open until March 14, 2025. Limit pharmacy benefit managers that serve Medicare prescription drug plans to collecting service fees and prohibit the PBMs from basing compensation on the value of discounts negotiated.
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The Senate passes a stopgap bill early Saturday after its passage in the House earlier Friday averting a government shutdown.
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