Gov. Kristi Noem (R) signed into law HB 1137 effective Monday, July 1. Among its provisions, the measure prohibits pharmacy benefit managers from collecting cost-sharing in a great amount than the covered individual would pay for the drug. It also prohibits pharmacy benefit managers from retroactively adjusting a pharmacy claim unless it is a result of an audit or a technical billing error.
For more information, contact NACDS’ Joel Kurzman at 847-905-0555.