summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to access to generic medications. Financial Services.
AI Summary
This bill aims to ensure access to generic medications by regulating pharmacy benefit managers (PBMs) and covered entities. It establishes requirements for PBMs and covered entities regarding the use of maximum allowable cost (MAC) lists, which set the maximum amount they will reimburse pharmacies for drugs. The bill requires PBMs and covered entities to ensure MACs are equal to or greater than pharmacies' acquisition costs, update MAC lists at least every 3 business days, and establish a process for pharmacies to appeal MAC prices. It also prohibits PBMs from restricting pharmacies from disclosing certain healthcare information to patients, such as the availability of alternative therapies or the patient's cost-sharing.
Committee Categories
Business and Industry
Sponsors (10)
Donnie Berthiaume (R),
Carole Fiola (D),
Carmine Gentile (D),
Pat Haddad (D),
Brad Jones (R),
Paul McMurtry (D),
James Murphy (D),
Shaunna O'Connell (R),
John Rogers (D),
Steve Ultrino (D),
Last Action
Reporting date extended to Tuesday December 29, 2020, pending concurrence (on 06/18/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H1055 | 02/27/2019 |
| Bill | https://malegislature.gov/Bills/191/H1055.pdf | 02/27/2019 |
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