Hawaii SB1509 mandates that pharmacy benefit managers and health care insurers share rebates with enrollees.

Hawaii SB1509, known as the Pharmacy Benefits Manager Share the Savings Act, requires pharmacy benefit managers to share savings from rebates with enrollees. These rebates, which are negotiated price concessions from manufacturers, reduce the cost of prescription drugs for enrollees. The bill also mandates that health care insurers share rebates with enrollees, ensuring that enrollees' cost-sharing for prescription drugs is reduced by at least 100% of all rebates received.

Hawaii SB1509 mandates that pharmacy benefit managers and health care insurers share rebates with enrollees.

Hawaii SB1509, known as the Pharmacy Benefits Manager Share the Savings Act, requires pharmacy benefit managers to share savings from rebates with enrollees. These rebates, which are negotiated price concessions from manufacturers, reduce the cost of prescription drugs for enrollees. The bill also mandates that health care insurers share rebates with enrollees, ensuring that enrollees' cost-sharing for prescription drugs is reduced by at least 100% of all rebates received.