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Senate passes bill to increase PBM transparency, limit pharmacist 'gag' restrictions
Summary
Senators adopted a second substitute for Senate Bill 208 requiring greater transparency from pharmacy benefit managers (PBMs) about DIR fees and preventing certain contract terms that would bar pharmacists from informing patients about cheaper cash options. The measure passed the Senate unanimously and moves to the House.
The Utah Senate adopted a second substitute to Senate Bill 208, which sponsors described as addressing two problems in pharmacy benefit management: opaque DIR fee clawbacks and contractual terms that can bar pharmacists from telling patients about cheaper payment options.
Sponsor Senator Vickers told colleagues the bill asks PBMs to provide transparent reporting on DIR fees so…
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