Massachusetts S830 aims to preserve community pharmacies by regulating pharmacy benefit managers.

Massachusetts S830 seeks to preserve community pharmacies by establishing regulations for pharmacy benefit managers. The bill mandates that pharmacy benefit managers or covered entities must make final determinations on pharmacy appeals within seven business days. It also requires these entities to adjust the cost of drugs or medical products for all similar pharmacies within three business days if an appeal is valid. Additionally, the bill mandates audits on contracts for pharmacy services to ensure compliance with the act.

Massachusetts S830 aims to preserve community pharmacies by regulating pharmacy benefit managers.

Massachusetts S830 seeks to preserve community pharmacies by establishing regulations for pharmacy benefit managers. The bill mandates that pharmacy benefit managers or covered entities must make final determinations on pharmacy appeals within seven business days. It also requires these entities to adjust the cost of drugs or medical products for all similar pharmacies within three business days if an appeal is valid. Additionally, the bill mandates audits on contracts for pharmacy services to ensure compliance with the act.