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Committee backs PBM-transparency bill after pharmacy, insurer testimony
Summary
The committee adopted a substitute and favorably recommended HB 527 to increase transparency around PBM MAC pricing and appeals after testimony from independent pharmacists and large payers. Supporters said appeals rarely succeed; payers cautioned about operational constraints and lack of wholesaler visibility.
The House Health and Human Services Committee voted to adopt Substitute 1 and favorably recommend House Bill 527, a measure aimed at improving transparency and accountability for pharmacy benefit managers (PBMs) and their use of maximum allowable cost (MAC) lists.
Representative Katie Hall, sponsor of the measure, said the bill seeks to provide pharmacies with meaningful information when…
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