Senate panel adopts amendment on pharmacy reimbursement; PBM transparency debate continues
The committee adopted a substantial A6 amendment to SF 3299 to establish a standardized pharmacy‑reimbursement formula, ban spread pricing and require PBM transparency. Independent pharmacists pushed the bill as a lifeline for rural pharmacies while PBMs warned of higher point‑of‑sale costs and premium impacts; the committee laid the bill over for further Commerce review.
The full story
Senate File 3299, a broad proposal to address pharmacy closures and opaque pharmacy-benefit manager (PBM) practices, received detailed consideration April 8 and the committee adopted an extensive A6 amendment that added a standardized reimbursement formula, bans on spread pricing and post-claim clawbacks, network adequacy requirements and a bridge-payment mechanism for prior appropriations.
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