summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to access to generic medications and pharmacy reimbursements for the cost of drugs, medical products or devices. Financial Services.
AI Summary
This bill aims to ensure access to generic medications by regulating the practices of pharmacy benefits managers (PBMs) and covered entities. It requires PBMs and covered entities to follow specific guidelines when establishing and updating maximum allowable cost (MAC) lists, which set the maximum amount they will reimburse pharmacies for drugs and medical products. The bill also provides a process for pharmacies to appeal the MAC for a particular drug or product, and requires PBMs and covered entities to adjust the MAC if the appeal is found to be valid.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Accompanied a study order, see H4778 (on 07/18/2018)
Official Document
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/190/H537 |
| Bill | https://malegislature.gov/Bills/190/H537.pdf |
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