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Bill to move Medicaid to a single PBM advances; sponsors say consolidation will lower drug prices
Summary
Senate Bill 389 would consolidate Medicaid pharmacy benefits under a single pharmacy benefit manager to improve purchasing leverage and reduce drug prices. Supporters said the change will streamline pricing and returns to the state; no opposition callers appeared during the committee hearing.
Senator Melanie Scheibel introduced Senate Bill 389 to the Committee as a technical but potentially high‑impact change to Medicaid’s pharmacy administration. The bill would move Nevada Medicaid from multiple pharmacy‑benefit managers (PBMs) to a single PBM administrator selected through state procurement.
Scheibel and the Department of Health Care Finance and Policy testified that a single PBM model…
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