Louisiana House Bill 919 seeks to reform Pharmacy Benefit Managers who set prices for drugs impacting independent pharmacies

MONROE, La. (KTVE / KARD)—State lawmakers are advancing a bill to reform pharmacy benefit managers as independent pharmacists warn that current reimbursement rates are threatening the survival of local pharmacies. The legislation seeks to address concerns that these third-party intermediaries are paying pharmacies less than the cost of the drugs they distribute. Pharmacy benefit managers, [...]