Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee reiterates support for PBM regulation bill as pharmacy stakeholders urge swift action
Summary
The Legislation and Regulation Committee reviewed Senate Bill 41, which would regulate pharmacy benefit managers (PBMs) under the Department of Insurance; board staff and a speaker from the California Pharmacists Association urged advancement but no formal committee vote occurred at this meeting.
The California State Board of Pharmacy Legislation and Regulation Committee reviewed Senate Bill 41, which would establish regulation of pharmacy benefit managers under the Department of Insurance, and heard public comment urging quick advancement of the measure.
The measure would create a regulatory framework for PBMs; committee materials note the board has received complaints from consumers and providers about PBM conduct. Jessie…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
