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FL Condo Bill Raises Insurance Concerns Florida lawmakers passed a bill ( HB 913 ) intended to provide condominium owners some relief from the high cost of bringing properties up to code, as a result...
NH, AZ Authorize Crypto Reserves Two months after President Trump signed an executive order establishing a federal strategic bitcoin reserve and digital asset stockpile, New Hampshire and Arizona have...
State Lawmakers Shift from PBMs to PSAOs in Fight Against High Drug Costs For a while now state legislators have targeted pharmacy benefit managers, or PBMs, for contributing to the high cost of prescription...
TX Taking Tougher Stance on Social Media for Kids The Texas House passed a bill ( HB 186 ) that would ban social media accounts for anyone under the age of 18. The measure would also allow parents to...
IA Enacts Law Addressing Shortage of Birth Centers Iowa Gov. Kim Reynolds (R) signed a bill ( HF 887 ) exempting freestanding birth centers from having to obtain a certificate of need from the state’s...
California lawmakers are on track to pass a bill (SB 966) in the coming weeks regulating pharmacy benefit managers. The measure would prohibit PBM practices as steering patients to PBM-affiliated pharmacies and “spread pricing,” charging insurers or drug plans more than the cost of reimbursing pharmacies. It would also require PBMs to regularly disclose information about their business practices to the state’s Department of Insurance.
The bill was passed nearly unanimously by the Senate in May and advanced unanimously by a series of House committees. A vote of the full House is likely to come before the Legislature adjourns on Aug. 31. (PLURIBUS NEWS, LEXISNEXIS STATE NET)
—Compiled by SNCJ Managing Editor KOREY CLARK
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