NACDS reminds members that the long-awaited pharmacy cost of dispensing study required by SB 188 of 2024, a landmark law that will require a pharmacy reimbursement rate floor in the commercial market, has been delivered to pharmacies and is due back by February 28. The study will be used by the Department of Insurance to determine the pharmacy dispensing fee that commercial insurers will be required to pay in combination with NADAC. It is critical for pharmacies to complete this survey, to establish an accurate dispensing fee that sets a precedent for future actions across the states. Data must be submitted electronically through the Board’s Licensure Gateway using Form A (required) and Form B (optional). All community and specialty pharmacies that are open to the public are required to submit their cost of dispensing data using Form A. For additional details and guidance, members are encouraged to review the Board of Pharmacy’s December newsletter.
For more information, contact NACDS’ Jill McCormack at 717-592-8977.