SpletThe act enacts the "Pharmacy Fairness Act" (act), which: Requires a health insurer to submit to the commissioner of insurance (commissioner) a list of pharmacy benefit managers (PBMs) the health insurer uses to manage or administer prescription drug benefits under its health benefit plans offered in this state; Prohibits PBMs from: Splet30. jun. 2024 · As we noted in our last PBM Regulatory Roundup, there has been a wave of state regulation focused on PBM practices in the wake of Rutledge and Webhi. However, …
NY State Senate Bill S3762
SpletA PBM must include information identifying the national drug compendia or source used to obtain the drug price. Additionally a PBM must review the list of drugs subject to the MAC … Splet23. mar. 2024 · Pharmacy benefit managers (PBMs) are paid third-party administrators of prescription drug coverage for insurers and employers. They provide a wide variety of … fun water inflatable paddle boards
Senate Commerce Committee approves PBM transparency bill
Splet29. apr. 2024 · This legislation would require insurers and PBMs to pass rebates directly to consumers enrolled in commercial health plans and Medicare Part D, which incorporates HHS’s Rebate Rule, finalized last year. This legislation would establish two new requirements to qualify for safe harbor for rebates: one for rebates which are passed on … SpletPBM Reform. HB 946 (Rep. Knight) & SB 313 (Sen. Burke) represent a comprehensive rewrite of Georgia’s PBM code section (Chapter 64 of Title 33) that include some belt and suspenders changes to strengthen oversight and enforcement as well as innovative first in the nation changes designed to increase transparency, level the playing field and ... Splet19. jan. 2024 · On December 31, 2024, New York Governor Kathy Hochul signed landmark legislation to increase the transparency of prescription drug pricing and to establish requirements on pharmacy middlemen. This new law is amongst 100 [1] state bills introduced in 2024 that shed light on the business practices of pharmacy benefit … funwater inflatable