Bill
HF 852
Overview: HF 852 is a bill that relates to pharmacy benefits managers, pharmacies, and prescription drugs.Purpose and Intent: The main goal of this legislation is to address issues
Overview: HF 852 is a bill that relates to pharmacy benefits managers, pharmacies, and prescription drugs.
Purpose and Intent: The main goal of this legislation is to address issues related to the role and practices of pharmacy benefits managers (PBMs) in the prescription drug supply chain, with the aim of improving access and affordability for consumers.
Key Provisions:
- Requires PBMs to be licensed and regulated by the state
- Prohibits PBMs from engaging in certain practices that limit competition or increase drug prices
- Mandates transparency in PBM pricing and contract terms with pharmacies
- Allows pharmacies to provide customers with information about lower-cost drug options
Affected Parties and Impacts: This bill would primarily impact PBMs, pharmacies, and consumers of prescription drugs. It aims to increase competition, reduce drug prices, and empower consumers to make more informed choices about their medication.
Procedural and Timeline Considerations: The bill has been withdrawn from further consideration, and no additional action is currently planned.
Compiled from official sources — confirm details with the bill’s official record.
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