HB 3068
Update the regulation of pharmacy benefit managers
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- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill updates the definition of "pharmacy benefits management" in West Virginia law. It clarifies the duties and responsibilities associated with this role, encompassing activities like claims processing, network management, formulary development, and rebate administration. The bill also defines key terms related to pharmacy audits, data collection, and payment practices within the pharmaceutical supply chain, aiming to provide greater regulatory oversight of pharmacy benefits managers.
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