Update the regulation of pharmacy benefit managers
HB 5109 updates West Virginia's pharmacy benefit manager regulations to modernize oversight of drug benefit management practices and their impact on prescription costs and pharmacy access.
HB 5109 updates West Virginia's pharmacy benefit manager regulations to modernize oversight of drug benefit management practices and their impact on prescription costs and pharmacy access.
HB 5109 proposes updates to West Virginia's regulatory framework governing pharmacy benefit managers (PBMs)—intermediaries that manage prescription drug benefits for insurance plans. The bill aims to modernize oversight of PBM practices, though specific regulatory changes are not detailed in the available information at this early legislative stage.
PBMs significantly influence drug pricing, pharmacy network access, and patient out-of-pocket costs. Updated regulations could affect prescription affordability and medication accessibility for West Virginia residents, as well as operational practices of pharmacies and insurance companies operating in the state.
Compiled from official sources — confirm details with the bill’s official record.
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