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Bill > A07598


NY A07598

NY A07598
Requires Medicaid managed care plans to reimburse retail pharmacies in an amount equal to the fee-for-service rate; allows retail pharmacies the opportunity to participate in another provider's network under the medical assistance program; prohibits pharmacy benefit managers from limiting an individual's option to receive medications from non-mail order pharmacies.


summary

Introduced
05/18/2021
In Committee
06/10/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Requires Medicaid managed care plans to reimburse retail pharmacies in an amount equal to the fee-for-service rate; allows retail pharmacies the opportunity to participate in another provider's network under the medical assistance program; prohibits pharmacy benefit managers from limiting an individual's option to receive medications from non-mail order pharmacies.

AI Summary

This bill requires Medicaid managed care plans to reimburse retail pharmacies at the same rate as the fee-for-service Medicaid program, in order to increase reimbursement to retail pharmacies. It also allows retail pharmacies to participate in other providers' pharmacy networks under Medicaid at the same reimbursement rate, and prohibits pharmacy benefit managers from limiting an individual's option to receive medications from non-mail order local pharmacies. The bill aims to provide retail pharmacies with more equitable reimbursement and access for Medicaid beneficiaries.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (34)

Last Action

substituted by s6603 (on 06/10/2021)

bill text


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