H1334
An Act to enact pharmacy benefit manager duties
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, H.1334, aims to establish duties and regulations for pharmacy benefit managers (PBMs) operating in Massachusetts. It seeks to increase transparency and accountability in how PBMs operate, particularly regarding their interactions with pharmacies and the pricing of prescription drugs. The legislation intends to ensure fair reimbursement practices and protect consumers’ access to affordable medications. It builds upon previous attempts to regulate PBMs within the state.
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