SUPPORT: Senate Bill 479 will lower the cost of drugs, increase transparency across the supply chain, and provide much-needed support to independent pharmacies.
The legislation enhances transparency into PSAOs, PBMs, and pharmaceutical manufacturer pricing. It supports independent pharmacies by allowing them to be reimbursed at higher amounts, by allowing them to decline to fill prescriptions when taking a loss, and by stopping PSAOs from requiring they purchase more expensive drugs from specific wholesalers. It will lower drug costs for consumers by requiring they receive prescription drug rebates at the point of sale.