Invoice Regulating PBMs Nearing Passage in CA
California lawmakers are on monitor to go a invoice (SB 966) within the coming weeks regulating pharmacy profit managers. The measure would prohibit PBM practices as steering sufferers to PBM-affiliated pharmacies and “unfold pricing,” charging insurers or drug plans greater than the price of reimbursing pharmacies. It could additionally require PBMs to frequently disclose details about their enterprise practices to the state’s Division of Insurance coverage.
The invoice was handed practically unanimously by the Senate in Might and superior unanimously by a sequence of Home committees. A vote of the complete Home is more likely to come earlier than the Legislature adjourns on Aug. 31. (PLURIBUS NEWS, LEXISNEXIS STATE NET)
—Compiled by SNCJ Managing Editor KOREY CLARK
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