Bill > S601

This bill aims to prohibit pharmacy benefit managers (PBMs) and pharmacies under common ownership from engaging in self-dealing practices. Specifically, it defines a PBM as an entity that provides pharmacy benefit management services, including processing claims, managing formularies, and controlling drug costs. The bill prohibits PBMs and health benefit plans from penalizing or providing financial incentives to consumers to use a pharmacy in which the PBM or health plan has an ownership interest or that is otherwise under common ownership. This is intended to prevent conflicts of interest and ensure fair competition in the pharmacy market.

Business and Industry, Health and Social Services

https://malegislature.gov/Bills/193/S601