Gov. Tina Kotek (D) signed HB 4149, PBM legislation that requires pharmacy benefit managers to be licensed by the Department of Consumer and Business Services beginning January 1, 2025; modifies the definition of “pharmacy benefit manager” and imposes new requirements on PBMs (Pharmacy Benefit Managers); restricts audits of pharmacy claims for reimbursement; requires PBMs to report specified information to the department on an annual basis; and imposes new requirements with respect to the insurance coverage of 340B drugs. 

Also in Oregon, Gov. Tina Kotek (D) signed HB 4002, legislation permitting pharmacist dispensing of opioid use disorder medication refills and requires health insurers and community care organizations (CCOs) to reimburse the cost of refills of substance use disorder medications. 

Finally in Oregon, the Prescription Drug Affordability Board posted the draft agenda and meeting materials for its next meeting on April 17. Please register in advance of the meeting. 

For more information, contact NACDS’ Sandra Guckian at 703-774-4801.