California considers PBM regulations
Becker's Healthcare September 16, 2024
California Gov. Gavin Newsom will soon decide whether to enact new regulations on pharmacy benefit managers in an attempt to address rising prescription drug costs, the Los Angeles Times reported Sept. 16.
Twenty-five states already have passed similar laws. The California bill, which already has passed the state Legislature, aims to mandate that PBMs pass 100% of the manufacturer rebates to...