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Ohio lawmakers hear broad support for Community Pharmacy Protection Act as pharmacists describe closures and opaque PBM practices
Summary
Witnesses including pharmacy owners, associations and a student pharmacist told the House Insurance Committee that House Bill 192 would add PBM transparency, require quarterly reporting, and set reimbursement tied to acquisition cost plus a minimum dispensing fee to prevent community pharmacy closures.
Columbus — Supporters of House Bill 192, the Community Pharmacy Protection Act, told the Ohio House Insurance Committee that the measure is needed to stop a wave of community pharmacy closures and to force transparency from pharmacy benefit managers.
David Burke, executive director of the Ohio Pharmacists Association, told the committee the bill would require PBMs to submit detailed, itemized monthly and quarterly reports to the superintendent of insurance and reimburse Ohio‑incorporated pharmacies at the acquisition cost of drugs plus a minimum service fee. Burke said three PBMs control about 80% of contracts and argued that standardizing a cost‑based dispensing fee could yield overall savings while preventing pharmacies from being paid below cost.
Amanda Fordyce,…
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