FIERY Hearing Video: Sen. Elizabeth Warren Corners Drug Giant, Presses for YES-or-NO Answer

Sen. Elizabeth Warren delivered a fiery performance during a Senate hearing, repeatedly pressing executives over alleged prescription drug pricing practices involving Express Scripts and the TriCare military healthcare program. Warren pointed to contract language that she argued could allow retroactive reimbursement adjustments and questioned whether taxpayers were receiving every dollar saved. The hearing centered on pharmacy benefit managers (PBMs), spread pricing, and gove ment oversight. Warren cited previous Inspector General audits involving other federal health plans and demanded an independent audit of the TriCare contract, arguing that only a full review could determine whether taxpayer funds were fully protected. Company representatives maintained that the TriCare agreement is a 100% pass-through contract and denied engaging in spread pricing under that arrangement.