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House committee hears broad support for pharmacy reforms aimed at protecting community pharmacies
Summary
The House Insurance Committee heard proponent testimony on HB 1 92, a package of PBM reforms that would benchmark pharmacy reimbursement to acquisition cost plus a standardized dispensing fee, require transparency tools and an electronic receipt, and expand reporting to the state insurance superintendent. Witnesses said the measures would help keep pharmacies open and help patients compare cash vs. insured prices.
The House Insurance Committee held a sixth hearing on House Bill 1 92, a proposal intended to reshape pharmacy reimbursement and give patients and employers clearer, transaction‑level information about prescription pricing.
Representative Barhorst, the bill sponsor, told the committee the measure reflects several years of work and added amendments aimed at transparency and preventing a perceived “pill tax” characterization. He said the bill seeks to modernize payment practices and empower consumers and employers to shop for prescriptions more effectively.
Antonio Chacha, president of 3 Access Advisors, testified that plan sponsors lack an itemized accounting of what they are being charged and said HB 1 92 would restore that…
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