A 3512
Establishes "Equitable Drug Pricing and Patient Access Act."
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, the ‘Equitable Drug Pricing and Patient Access Act,’ aims to improve access to affordable prescription drugs for New Jersey Medicaid recipients. It mandates that reimbursement rates for prescription drug services paid to pharmacies serving Medicaid beneficiaries must be at least the national average drug acquisition cost plus a dispensing fee. The bill also requires all Medicaid managed care contracts to include pharmacy choice, ensuring enrollees can choose any contracting pharmacy. Furthermore, it directs a state audit of pharmacy pricing practices and requires the state to seek plan amendments to implement these changes.
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