Pharmacy Contract and Audit Protections, Ban on Retroactive Fees, and Increased PBM Transparency[spacer height=”20px”]
TPA has worked with state legislators to introduce comprehensive PBM reform legislation that includes pharmacy contract and audit protections, a ban on PBM use of retroactive fees, and increased PBM transparency.
Summary: As introduced, makes various changes to law concerning pharmacy benefits managers; requires the comptroller of the treasury to perform an annual audit of all pharmacy benefits managers providing services funded by the state.
Here’s how this legislation would affect the pharmacy profession: