Bill > H1203

This bill addresses pharmaceutical "gag clauses" by prohibiting health insurance carriers and pharmacy benefits managers (PBMs) from including contract provisions that prevent pharmacists from disclosing crucial cost information to patients. Specifically, the bill ensures that pharmacists can inform patients about the total cost of a prescription medication and alternative purchasing options, such as paying a cash price that might be cheaper than using insurance. Additionally, the bill prevents insurance carriers and PBMs from requiring patients to pay more for a prescription at the point of sale than they would if they purchased the medication without using their health insurance plan. This legislation aims to increase transparency in prescription drug pricing and provide patients with more information to make cost-effective healthcare decisions, ultimately empowering consumers to potentially save money on their medications by understanding and comparing different payment options.

Business and Industry

https://malegislature.gov/Bills/194/H1203