S 3212
"New Jersey Pharmacy Fair Reimbursement and Anti-Steering Act."
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill, the "New Jersey Pharmacy Fair Reimbursement and Anti-Steering Act," aims to increase transparency and fairness in prescription drug pricing within the state. It requires pharmacy benefits managers (PBMs) to report detailed data on drug costs, rebates, and discounts to the state, and prohibits spread pricing practices. The bill also establishes a compliance unit within the Insurance Division to oversee PBMs and ensures pharmacies are reimbursed at least equal to the National Average Drug Acquisition Cost (NADAC).
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.