A California Senate health committee has scheduled a hearing for tomorrow on a bill to prohibit pharmacy benefit managers from employing practices that 340B covered entities view as discriminatory.
SB-786 would prohibit PBMs from imposing conditions and exclusions that would prevent providers “from retaining the benefit of discounted pricing because of their 340B status,” according to the California Hospital Association, which recently endorsed the legislation. In their letter of support for the bill, CHA said the legislation would prohibit PBMs from requiring covered entities to identify 340B prescriptions and then reimbursing them at lower rates simply because they were purchased under the 340B program. “This is antithetical to the intent of the 340B program and threatens the health of millions of low-income and rural Californians who rely on it for their medication,” said CHA.
A California Senate health committee has scheduled a hearing for tomorrow on a bill to prohibit pharmacy benefit managers from employing practices that 340B covered entities view as discriminatory. SB-786 would prohibit PBMs from imposing conditions and exclusions that would […]
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