SB478 aims to enhance prescription drug affordability and PBM accountability in New Hampshire.

SB478 seeks to strengthen prescription drug affordability and pharmacy benefits manager (PBM) accountability in New Hampshire. The bill mandates PBMs to offer an interest-free, monthly out-of-pocket smoothing option to enrollees. It requires PBMs to delink compensation from drug prices in state-administered plans, ensuring fair, competitive pharmacy networks without retroactive claim recoupments. The bill also prohibits PBMs from reimbursing 340B covered entities or their affiliates at a lower rate.

SB478 aims to enhance prescription drug affordability and PBM accountability in New Hampshire.

SB478 seeks to strengthen prescription drug affordability and pharmacy benefits manager (PBM) accountability in New Hampshire. The bill mandates PBMs to offer an interest-free, monthly out-of-pocket smoothing option to enrollees. It requires PBMs to delink compensation from drug prices in state-administered plans, ensuring fair, competitive pharmacy networks without retroactive claim recoupments. The bill also prohibits PBMs from reimbursing 340B covered entities or their affiliates at a lower rate.