Gov. Kelly Armstrong (R) signed several bills of interest into law including HB 1087, legislation replacing “certificate of authority” requirement for PBMs with a “licensure” requirement; HB 1584, legislation outlining requirements for licensure of PBMs; creating a PBM enforcement fund, strengthening enforcement of PBM laws and regulations and establishing penalties for PBMs found in violation of laws and regulations; and HB 1473, legislation prohibiting any manufacturer from either directly or indirectly, denying, restricting or prohibiting the acquisition of a drug by a contract pharmacy and from interfering with the ability of a covered entity or contract pharmacy to dispense a drug to an eligible patient of the covered entity.
For more information, contact NACDS’ Sandra Guckian at 703-774-4801.