SB 389
Revises provisions relating to the administration of pharmacy benefits under Medicaid and certain other health plans. (BDR 38-240)
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- Passed Senate
- Passed Assembly
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Bill overview
This bill aims to streamline the management of pharmacy benefits for Medicaid and certain other health plans in Nevada. It requires the Department of Health and Human Services to contract with a single ‘state pharmacy benefit manager’ to oversee all prescription drug coverage. The bill also mandates the establishment of a ‘Nevada Average Acquisition Cost’ benchmark to drive down drug prices and requires Medicaid managed care organizations to utilize this manager. Furthermore, it outlines specific contract terms and regulations for the pharmacy benefit manager, ensuring transparency and cost-effectiveness.
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