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Bill > H1056


MA H1056

MA H1056
Establishing a commission to study maximum allowable costs lists


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to maximum allowable costs lists utilized by payers and pharmaceutical benefit managers to identify the maximum amount health plans will pay for certain prescription drugs. Financial Services.

AI Summary

This bill establishes a special commission to investigate the use of maximum allowable costs (MAC) lists by payers and pharmaceutical benefit managers (PBMs). The commission will review current practices surrounding the determination and use of MAC lists, as well as their financial implications, industry-wide standardization, and transparency in the processes of developing and utilizing these lists. The commission will consist of 10 members, including representatives from the government, health plans, pharmacists, and advocates for healthcare providers, pharmaceutical companies, and PBMs. The commission will submit its report and findings, along with any draft legislation, to the relevant legislative committees within 180 days of the passage of this act.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

Accompanied a study order, see H4691 (on 05/30/2024)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/H1056
BillText https://malegislature.gov/Bills/193/H1056.pdf
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