Oklahoma Rebate Pass-Through and Pharmacy Benefits Manager Meaningful Transparency Act of 2025 regulates pharmacy benefits managers.
The Oklahoma Rebate Pass-Through and Pharmacy Benefits Manager Meaningful Transparency Act of 2025 establishes rules for pharmacy benefits managers (PBMs). It mandates that enrollees' cost-sharing for prescription drugs be calculated based on a price reduced by at least 85% of all rebates received. PBMs must disclose rebate information to health insurers, health plans, and the general public. The act also requires PBMs to establish and maintain a formulary, with a pharmacy and therapeutics committee overseeing formulary management activities.
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.