SB 103: ‘The Pharmacy Patient Fair Practices Act’; pharmacy benefits managers; Commissioner of Insurance to promulgate certain rules and regulations; authorizeVoted on Thursday March 16, 2017
John Pezold's thoughts
The Pharmacy Patient Fair Practices Act restricts certain actions by Pharmacy Benefit Managers (PBMs).
PBMs are prohibited from requiring the use of mail-order pharmacies ; penalizing a pharmacist for disclosing a cheaper generic option prescribed to a patient; disallowing pharmacies to offer store direct delivery services; charging more in co-pays than the actual cost of the drug, and charging fees to pharmacies for adjudicating claims.
This is governed under the Department of Insurance.
The table below breaks down the total number of votes, and marks the majority vote.
|Did not vote||2||1.1%|