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Bill > H1055


MA H1055

MA H1055
To ensure access to generic medications


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
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)

Last Action

Reporting date extended to Tuesday December 29, 2020, pending concurrence (on 06/18/2020)

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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