The Division of Insurance published final regulations related to the Licensing and Regulation of Pharmacy Benefit Managers – 211 CMR 157. The Division accepted the NACDS and Massachusetts Chain Pharmacy Council’s proposed amendment to require PBMs to disclose any common ownership interest with an insurance carrier. The release of the final regulation, which is effective March 13, aligns with ongoing work in the Massachusetts Legislature to consider additional PBM reform initiatives.
For more information, please contact NACDS’ Mike Sargent at 207-272-6435.