Pharmacists Fight Back Act aims to regulate pharmacy benefit managers in federal employee health benefit plans.
The Pharmacists Fight Back Act introduces measures to regulate pharmacy benefit managers in federal employee health benefit plans. It mandates that pharmacy benefits managers must reimburse in-network pharmacies for the ingredient cost of prescription drugs and prohibits them from lowering or imposing fees on prescription drug claims. The Office of Personnel Management can impose civil monetary penalties on pharmacy benefits managers and carriers for violations, with a cap of $100,000 and $50,000 respectively over a 10-year period.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.