H1330
An Act relative to pharmacy benefit managers reimbursements to pharmacies in the Commonwealth
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill addresses how pharmacy benefit managers (PBMs) reimburse pharmacies in Massachusetts. Currently, PBMs often negotiate rebates with drug manufacturers and then reimburse pharmacies at rates that are lower than the wholesale cost of the drugs. The bill aims to increase transparency and ensure that pharmacies receive fair reimbursement rates, ultimately benefiting patients and the healthcare system. It seeks to improve the financial stability of pharmacies and potentially lower prescription drug costs.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Alyson M. Sullivan-Almeida
Cosponsor
Alyson M. Sullivan-Almeida
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