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MI to Weigh Ban on Stock Buybacks for Companies Receiving Tax Breaks Michigan Sen. Mallory McMorrow (D) introduced a bill ( SB 783 ) that would prohibit publicly traded companies receiving economic incentives...
VA House Passes Paid Sick Leave Bill Virginia’s House of Delegates approved a bill ( HB 5 ) that would expand the state’s current paid sick leave law, which applies only to a small segment...
VA Lawmakers Okay Prescription Drug Affordability Board Virginia lawmakers have passed legislation ( SB 271 / HB 483 ) that would create a prescription drug affordability board to review drug prices...
Geolocation data has become a new frontier in privacy protection. This year, Virginia could join Maryland and Oregon as the first states to prohibit the sale of information that provides the precise...
Insurance Bill Raises Concerns in FL A fast-moving bill ( SB 1028 ) in Florida, sponsored by Sen. Joe Gruters (R), chairman of the Senate’s Banking and Insurance Committee, would require Citizens...
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After passing pharmacy benefit manager regulations last year, Iowa lawmakers are considering a pair of bills (HSB 99 and SSB 1074) that would require all prescription drug contracts to use a pass-through pricing model, in which PBMs charge employers, insurers or other plan sponsors the same amount the PBMs paid the supplying pharmacies, and PBMs are compensated only through administrative fees. The measure would also prohibit PBMs from limiting consumers from using a pharmacy of their own choice. (CEDAR RAPIDS GAZETTE, LEXISNEXIS STATE NET)
Mississippi’s House approved a bill (HB 1123) aimed at stopping spread pricing, in which PBMs charge insurers a higher amount than the rate the PBMs negotiated for a prescription. The measure would also require PBMs to disclose any pharmacy ownership they have. (MAGNOLIA TRIBUNE, LEXISNEXIS STATE NET)
—Compiled by SNCJ Managing Editor KOREY CLARK
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