Massachusetts
The House advanced key PBM provisions this week as part of a comprehensive health care reform package to address the cost and accessibility of primary care services in the Commonwealth. The legislation, HR 5618, includes two main PBM provisions targeting PBM rebate contracting practices and as well as PBM common ownership. The bill mandates that insurers and PBMs must pass along at least 80 percent of estimated drug rebates to consumers at the pharmacy point of sale. Additionally, it tightens regulatory oversight of vertically integrated PBM “affiliated entities” within the Division of Insurance, reinforcing NACDS-supported regulations that were adopted earlier this year. Moving forward, the House bill will go to conference negotiations where there will be an opportunity to add additional PBM reform measures to the final package.
For more information, please contact NACDS’ Mike Sargent at 207-272-6435.
