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Committee adopts substitute requiring PBMs and plans to offer point-of-sale rebate option to employers
Summary
The committee adopted a substitute to House Bill 257 directing pharmacy benefit managers and health plans to offer employer plans that pass manufacturer rebates at point of sale, mirroring prior PEHP-focused legislation and aiming to increase transparency for enrollees; substitute adopted and bill passed out favorably unanimously.
Representative Thurston presented a substituted House Bill 257, described as a companion to earlier legislation addressing pharmacy benefit manager (PBM) rebates. The substitute removes an outdated PEHP-specific section and corrects a typographical error but keeps the substantive requirement that PBMs and health plans must offer employer-sponsored plans that include point-of-sale rebate treatment for employees.
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