This is my archive
Filter Results
Hide Filters
Search
Filter by Category
Filter by State
Filter by Topic
Federal Judge Blocks Enforcement of Iowa Pharmacy Benefit Manager Law
A federal judge has issued a temporary injunction blocking enforcement of key portions of Senate File 383 in Iowa, which regulates pharmacy benefit managers (PBMs) and prescription-drug reimbursement policies for some health plans, reports the Iowa Capital Dispatch. As written, the law previously required independent pharmacies to be reimbursed at the average national acquisition cost plus a […]
Read MoreCalifornia Passes Law to Regulate Pharmacy Benefit Managers
California Governor Gavin Newsom has signed Senate Bill 41, which aims to regulate pharmacy benefit managers (PBMs) and curb drug costs in the state, reports the Sacramento Bee. Under the new law, PBMs must obtain a license from the state, submit to regulatory oversight, and comply with disclosure requirements about rebates and claims. The bill also prohibits […]
Read MoreCourt Blocks Portions of Iowa’s Pharmacy Benefit Manager Law
A federal court temporarily blocked parts of Iowa’s new law regulating pharmacy benefit managers, reports the Iowa Capital Dispatch. The measure, Senate File 383, sought to increase transparency and help rural pharmacies by setting reimbursement standards and capping fees. Supporters said it would keep small pharmacies in business and reduce patient costs. Opponents argued it would raise […]
Read MoreArizona Passes Law to Curb Non-Medical Switching
Arizona has passed a law prohibiting pharmacy benefit managers from limiting or excluding coverage of a prescription drug midway through the policy, reports the Arizona Medical Association. Specifically, the new law forbids a practice commonly called “non-medical switching,” establishes formulary change notification requirements, and creates a formulary prescription drug exception process.
Read More