Kelly Broadway, 202.627.1918, email@example.com
For Immediate Release
ERIC Victory: President Signs Bill Banning Pharmacy Gag Clauses
Washington, DC – The ERISA Industry Committee (ERIC) applauds lawmakers and the Administration for coming together and banning so-called “gag clauses” in group health plans and individual market health insurance plans.
ERIC was instrumental in educating lawmakers on the damaging effects gag clauses have on all Americans, including sending this letter to the U.S. Senate urging lawmakers to support the ban. The clauses prevented pharmacists from informing a patient that filling a prescription might be cheaper if the patient pays cash, rather than the negotiated copay under their insurance coverage.
“Every American deserves to be protected from the deceptive practice of gag clauses. President Trump signing today’s bill will give millions of Americans peace of mind knowing that when they pick up their medications at the pharmacy pricing options will be completely transparent,” said James Gelfand, Senior Vice President of Health Policy, ERIC.
About the ERISA Industry Committee
The ERISA Industry Committee (ERIC) is the only national association that advocates exclusively for large employers on health, retirement, and compensation public policies at the state, federal, and local levels. Learn more at eric.org.