California Lawmaker Squares Off With Plans, Middlemen Over Sweeping PBM Bill

August 27, 2018 at 3:51 PM
Health plans and pharmacy benefit managers are sparring with a California state legislator who is pushing for passage of his PBM licensure legislation before the legislature gavels out Aug. 31. California's AB 315, spearheaded by Assemblyman Jim Wood (D), would require PBMs be regulated by the Department of Managed Health Care and “exercise good faith and fair dealing.” The bill would also ban so-called gag clauses, where a pharmacist is prevented from telling consumers when it is cheaper to pay...

Not a subscriber? Sign up for 30 days free access to exclusive, detailed reporting on the coming Democrat-controlled House of Representatives, drug pricing reforms, Medicaid policy, FDA news and much more.